The most prominent ones are as follows: Effortless Investment. HDFC NRO FD schemes have various features and advantages. Some of the key features of HDFC NRO fixed deposits that attract investors to park their money in this scheme are as follows: If you want to open an HDFC NRO fixed deposit account, you must submit the following documents: To open an HDFC NRO account, you need to meet the following two simple criteria: Eligibility Criteria for HDFC NRO Account Therefore, if you are a Person of Indian Origin (POI) or an NRI, investing in an HDFC NRO FD scheme could be a wise choice. HDFC NRO accounts also render an overdraft facility on its fixed deposits scheme.
Plus, it also provides a flexible term, allowing applicants to choose an investment term from 7 days to 10 years. The scheme offers an attractive interest rate ranging from 2.75% to 6.10%. An HDFC NRO fixed deposits scheme is a fixed deposit scheme tailored specifically for non-resident Indians who want to earn returns on their Indian money.
