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What is the tenure for which an NRI can open a NRE and FCNR Deposits?

April 26, 2017deposits FCNR NRE NRI tenure

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What is the tenure for which an NRI can open a NRE and FCNR Deposits?

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The NRI can maintain NRE Fixed Deposits for • A minimum of 1 year. • Upto a maximum of 10 years. The NRI can maintain your FCNR account for • A minimum period of 12 months. • Upto a maximum period of 36 months.