tag:blogger.com,1999:blog-7036721709697976873.post5544132810462901778..comments2023-09-01T23:33:35.514-07:00Comments on SavingsFunda: Recurring deposit for NRI – latest offering from Indian banksjavin paulhttp://www.blogger.com/profile/15028902221295732276noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-7036721709697976873.post-14708864018749146742013-02-01T01:02:31.847-08:002013-02-01T01:02:31.847-08:00Can you please let us know what happens if we miss...Can you please let us know what happens if we miss one or more payments on Recurring deposit ? Does they close the account or we can just invest more money in coming months? Is rules different for NRE and NRO recurring accounts ?Pushapnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-91764084023023858242012-12-26T11:19:56.081-08:002012-12-26T11:19:56.081-08:00How can we pay the monthly installment of an NRE R...How can we pay the monthly installment of an NRE Recurring deposit account? Is there a way to avoid transfer charges every month? - Thank you.Abhishek Mhttps://www.blogger.com/profile/15069188854687721582noreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-49581774461619059412012-12-12T03:30:12.183-08:002012-12-12T03:30:12.183-08:00how to apply from Oman how to apply from Oman Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-29546045727323501612012-09-07T23:51:34.799-07:002012-09-07T23:51:34.799-07:00Dears,
I feel NRE Recurring Deposit is the best f...Dears,<br /><br />I feel NRE Recurring Deposit is the best for NRIs. The drawback in Fixed deposit is, you need to open FD every month and the money will be locked for next 12 months at least. in case, if you do FD every month and if you want to withdraw your all FDs at the end of 1 year, you will have to break the FDs for the past 11 months and those FDs will not earn a single penny. The same FD amount if you put in RD, even the 11th month amount will earn 1 month interest at the end of 1 year maturity.Sudhahar Rnoreply@blogger.comtag:blogger.com,1999:blog-7036721709697976873.post-76529343860524499352012-08-08T02:47:44.355-07:002012-08-08T02:47:44.355-07:00Recently SBI (State Bank of India) has raise there...Recently SBI (State Bank of India) has raise there NRE rupee fixed deposit rate by 25 bps and now offering an attractive 9% per annum on NRE deposit upto 15 lachs on quarterly compounding basis for 3 to 5 years period. This looks like another Great opportunity to invest in NRE fixed deposit given interest rates are off from peak and going down. By the way which banks should I choose for investing NRE and NRO recurring or fixed deposit ?Anonymousnoreply@blogger.com