IDBI Bank has introduced FCNR(B) Special Opportunity Deposit in USD, offering enhanced returns to Non-Resident Indian (NRI) customers seeking secure and attractive foreign currency investment opportunities.

The Special Rates will be for limited period effective June 11, 2026 till September 30, 2026.

Key Features

• Principal and interest are fully repatriable.
• Protection against exchange rate fluctuations, as deposits are maintained in USD only.
• Interest earned is exempt from income tax in India, subject to prevailing regulations.
• Minimum lock-in period of 1 year.

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