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 banks — 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.