Fixed Deposit USD

Features

  • Fixed Deposit can be opened with a minimum balance of USD 5,000.
  • Payable on Maturity.
  • Penal interest is levied on withdrawal of fixed deposit prior to maturity.
  • Interest is payable Quarterly.
  • Tax is deducted at source from the interest on saving deposit as per the income Tax Act, 2058 (2001).
  • Nomination facility is available.
  • Tenure : 3 months to 1 year.
  • Eligibility: Individuals having income on USD.
  • Documents: Proof of USD Income/Citizenship /National ID Card / Voter ID Card / Driving License / Passport or VISA / PAN Card.

Nominees form

  • Photograph of the nominee.
  • Signature of the nominee.