IDBI Bank has introduced FCNR(B) Special Opportunity Deposit in USD, offering enhanced returns to Non-Resident Indian (NRI) customers seeking secure and attractive foreign currency investment opportunities.
The Special Rates will be for limited period effective June 11, 2026 till September 30, 2026.
Key Features
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Principal and interest are fully repatriable.
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Protection against exchange rate fluctuations, as deposits are maintained in USD only.
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Interest earned is exempt from income tax in India, subject to prevailing regulations.
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Minimum lock-in period of 1 year.
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Published – June 19, 2026 12:35 pm IST