Exclusive FCNR deposit guidance for NRIs and OCIs. Compare rates across leading Indian banks — in one place.
⏳ RBI's Enhanced FCNR Rates Available Until September 30, 2026
A simple, secure way to grow your foreign-currency savings through Indian banks.
Deposit in USD and earn attractive interest without converting to rupees. You stay fully insulated from INR exposure.
FCNR is a Reserve Bank of India initiative to attract overseas inflows. It's a limited-window opportunity for higher yields.
Both principal and interest are freely transferable back overseas. Your money remains accessible across borders.
| Bank Name | Peak Rate | Tenure |
|---|---|---|
| AU Small Finance BankTop rate | 7.10% | 3–5 yrs |
| IndusInd Bank | 6.75% | 3–5 yrs |
| Axis Bank | 6.60% | 3–5 yrs |
| ICICI Bank | 6.50% | 3–5 yrs |
| HDFC Bank | 6.45% | 3–5 yrs |
| Yes Bank | 6.40% | 3–5 yrs |
| Kotak Mahindra Bank | 6.35% | 3–5 yrs |
| IDFC First Bank | 6.30% | 3–5 yrs |
| State Bank of India | 6.20% | 3–5 yrs |
| Bank of Baroda | 6.15% | 3–5 yrs |
*Indicative rates for 3–5 year FCNR deposits. Subject to change. Contact us for current confirmed rates.
Synergy, part of the Singapore-based Quest ontheFRONTIER group, is a leading business intelligence and financial consulting firm with over two decades of experience serving clients across America, Asia, Africa, and the Middle East. We've partnered with leading institutions like ICICI and Axis Bank — and we bring that same rigour to helping NRIs navigate Indian banking opportunities.
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⏳ Limited-Time RBI FCNR(B) Window: Enhanced FCNR rates available for eligible deposits made until September 30, 2026.
Tell us a little about yourself and we'll help you identify the best FCNR option for your deposit size, currency, and tenure.