• Text size:

    S M L
  • Letter spacing:

You gain a dedicated partner committed to helping you reach your full potential and achieve new heights

Know More
bulk-payments

Make more than one online payment in just a few clicks with IDFC FIRST Bank Bulk Payments

Know More

Hello Cashback Credit Card

Cashback for everyone, for every spend that matters

Know More
Image

WhatsApp banking

Right Arrow

Say ‘Hi 👋’ on WhatsApp at 9555 555 555 & we’ll get back to you instantly

Image

Track Requests

Right Arrow

View & track all your past and active service requests.

Image

Raise a Request

Right Arrow

Facing issues? Let us know how we can help you

Locate Us

Locate Us

Right Arrow

Locate your nearest IDFC FIRST Bank branches and ATMs

Add a compliment

Add a compliment

Right Arrow

Our customers are talking, and we think you’ll like what they’re saying.

Customer care

Customer care

Right Arrow

We will be happy to help you 24x7.

Image

Help Center

Right Arrow

Support topics, FAQs and more

Image

Download our app

Get instant help for all your queries in one place

Explore Personal
Explore Credit Cards
Image

WhatsApp banking

Right Arrow

Say ‘Hi 👋’ on WhatsApp at 9555 555 555 & we’ll get back to you instantly

Image

Track Requests

Right Arrow

View & track all your past and active service requests.

Image

Raise a Request

Right Arrow

Facing issues? Let us know how we can help you

Locate Us

Locate Us

Right Arrow

Locate your nearest IDFC FIRST Bank branches and ATMs

Add a compliment

Add a compliment

Right Arrow

Our customers are talking, and we think you’ll like what they’re saying.

Customer care

Customer care

Right Arrow

We will be happy to help you 24x7.

Image

Help Center

Right Arrow

Support topics, FAQs and more

Image

Download our app

Get instant help for all your queries in one place

Download now!
#GetMoreFromYourBank

Invest in secure deposit options for better returns

  • Joint account holders can be added
  • Repatriation of funds held in NRO fixed deposit can be done post payment of applicable taxes in India with a limit of USD 1 million in a financial year
  • Automatic deposit renewal facility available
  • Tenure range available from 7days – 10 years

Calculate Fixed Deposit returns

Deposit amount and payout frequency

₹10K ₹2.99Cr

Set your balance to ₹10L or more to unlock 7% interest p.a.!

Enter deposit tenure

yrs
mths
days
7 Days 10 Years

Interest rate

Maturity value

Indicative monthly interest*

Indicative quarterly interest*

Indicative short term interest*

*Monthly interest payout amount shown is indicative and may be higher/lower based on the actual number of days in the respective month.

*Quarterly interest payout amount shown is indicative and may be higher/lower based on the actual number of days in the respective quarter.

*Interest payout amount shown is indicative and may vary based on the actual number of days in the respective month/quarter.

Book FD now! Book FD now! View all interest rates Disclaimer

NRO Fixed Deposits for India

An NRO (Non-Resident Ordinary) Fixed Deposit is a term deposit account that allows Non-Resident Indians (NRIs) to invest income earned in India—such as rent, dividends, pension. Operated in Indian Rupees, an NRO Fixed Deposit enables NRIs to earn attractive returns while keeping the funds secure and accessible. This type of deposit is especially useful for NRIs who want to grow their domestic income without the risks of market fluctuations.

Read more

Features of NRO Fixed Deposits

Competitive Interest Rates

Earn attractive returns on your Indian income with IDFC FIRST Bank’s NRO Fixed Deposits. NRO FD offers a fixed rate with a choice of Simple or Compound Interest. Simple Interest gives monthly/quarterly payouts, while Compound Interest is compounded quarterly and paid on maturity.

Flexible Tenure

IDFC FIRST Bank offers a flexible range of tenures that you can opt for based on your financial preferences. You can choose a deposit period ranging from 7 days to 10 years, depending on your financial goals and liquidity preferences.

Auto-Renewal Facility

Ensure uninterrupted earnings by opting for the auto-renewal feature, where your deposit is renewed automatically at maturity at prevailing interest rates.

Low minimum deposit amount

Open an IDFC FIRST Bank NRO Fixed Deposit account with just ₹1,000.

How to Open NRO Fixed Deposits

Active NRO Account holders can book NRO deposit through the following ways:

img

Option 1

Book NRO FD online using net banking or mobile banking application.

img

Option 2

Send an email from registered email ID to your RM.

img

Option 3

Visit nearest branch for booking an NRO FD when in India.

Opening an NRO Savings Account online is the first step to booking your NRO FD — simple, secure, and seamless!

img

Click on ‘Open Account’ and enter your mobile number and Email address.

img

Fill in your details and upload your certified KYC documents along with photo and signature.

img

Your account will be opened on successful verification of the documents.

Individuals falling under any of the below categories with an active NRO account with IDFC FIRST Bank can open an NRO Fixed Deposit.

img

Non-Resident Indians

img

Person of Indian Origin (PIO)

img

Overseas Citizen India (OCI)

Img

Seafarers working on International Vessels

Img

Oil Rig Employees working on International Offshore Projects

Compare

Compare NRI Fixed Deposits

Explore our range of NRI Fixed Deposit products to make an informed choice.

Explore other NRI Banking products

NRO Savings Account

Manage your Indian income seamlessly
from abroad with an NRO Savings Account.

NRE Fixed Deposit

Earn tax-free interest on your foreign funds by investing in a fixed deposit account maintained in Indian Rupees.

FCNR Deposits

Invest your overseas earnings and get tax-free interest with FCNR Deposits maintained in foreign currency.

Max Returns FD

Earn higher returns than your regular deposits by booking forward contracts on your deposits with IDFC FIRST Bank.

NRO Savings Account

Manage your Indian income seamlessly
from abroad with an NRO Savings Account.

NRE Fixed Deposit

Earn tax-free interest on your foreign funds by investing in a fixed deposit account maintained in Indian Rupees.

FCNR Deposits

Invest your overseas earnings and get tax-free interest with FCNR Deposits maintained in foreign currency.

Max Returns FD

Earn higher returns than your regular deposits by booking forward contracts on your deposits with IDFC FIRST Bank.

NRO Fixed Deposit FAQs

How can I book NRO Fixed Deposit?

NRO Fixed Deposits can be booked online using net banking, mobile banking application or by sending an email from the registered email ID to your Relationship Manager.

In which currency is my NRO Fixed Deposit is maintained?

Your NRO Fixed Deposit will be maintained in Indian Rupees.

What should be the minimum and maximum tenures to earn interest on NRO Fixed Deposits?

The minimum tenure to earn interest on NRO retail deposits is 7 days & above and the Fixed Deposit can be kept for a maximum of 10 years.

What is the minimum amount required to open an NRO Fixed Deposit?

What is the interest rate on an NRO Fixed Deposit?

Are these deposits taxable in India?

How can I fund my NRO Fixed Deposit?

Can I repatriate funds held in my NRO Fixed Deposit?

How can I access my NRO Fixed Deposit?

Can my NRO deposits with the Bank automatically get renewed on maturity?

Is premature withdrawal facility available in my NRO retail Fixed Deposits? If yes, what would be the foreclosure applicable charges?

Can I have nomination facility in my NRO Fixed Deposit?

How are NRO FD rates compounded and paid, for NRO Fixed Deposit accounts?

Dedicated NRI Support

Experience premium support services crafted specifically for Non-Resident Indians worldwide!

NRI customers currently in India may call us at

Call us at 022 6248 5152

Are you an NRI customer currently overseas?

Country specific information here

Reach out to your Dedicated Relationship Manager. Login to IDFC FIRST Bank Mobile Banking App > Access Menu in top left > My Relationship Team