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.
| For Deposit amount in USD | |||
| Maturity Slab | Upto USD 1 Million | More than USD 1 Million and upto USD 5 Million | Above USD 5 Million |
| 3 years to less than 4 years | 6.00% | 6.05% | 6.10% |
| 4 years to less than 5 years | 6.05% | 6.10% | 6.15% |
| 5 years | 6.10% | 6.15% | 6.20% |
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.