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Fixed & recurring deposits

Indian Bank IND Rupee Gain

Foreign-currency deposit combined with a forward contract; maturity is converted into at the contracted forward rate and credited to the savings account, with a ₹10,000 -equivalent minimum and tax-free repatriable proceeds.

Interest rateSpecial FCNR(B) USD rates are 6.00%/5.60%/5.50% for 3–<4 years, 6.25%/5.85%/5.75% for 4–<5 years and 6.50%/6.10%/6.00% for 5 years across amount slabs up to USD 1 million, above USD 1–3 million and above USD 3 million. Standard FCNR(B) uses the current FCNR rate sheet; IND Rupee Gain return is FCNR interest plus forward premium.Senior-citizen rateNo separate senior-citizen premium is published on the reviewed FCNR(B), Special FCNR(B) or IND Rupee Gain pages; the applicable NRI deposit schedule controls.TenureFCNR(B): 1 to 5 years. Special FCNR(B): 3 to below 4 years, 4 to below 5 years or exact 5 years, with one-year lock-in. IND Rupee Gain tenor is selected with the applicable FCNR rate and forward premium; the page does not publish a fixed range.
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Quick eligibility check

Indian Bank IND Rupee Gain

0 of 3 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Are you this type of customer: NRI customer with eligible NRE funds or fresh foreign remittance?

2Do you meet this requirement: currency, tenor, forward contract and RBI/FEMA conditions must be accepted before booking?

3Document checkDo you have this required document or proof: IND Rupee Gain application, NRE account/KYC, passport/PIO evidence, PAN/Form 60, remittance proof and forward-contract declarations?

0 of 3 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byIndian Bank

India and eligible channels

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

TenureFCNR(B): 1 to 5 years. Special FCNR(B): 3 to below 4 years, 4 to below 5 years or exact 5 years, with one-year lock-in. IND Rupee Gain tenor is selected with the applicable FCNR rate and forward premium; the page does not publish a fixed range.View source
The official pages publish and Special tenors; Rupee Gain ties tenor to selected /forward terms.
Source
(B), Special (B) and IND Rupee Gain
Page / section
Tenor rows
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Interest rateSpecial FCNR(B) USD rates are 6.00%/5.60%/5.50% for 3–<4 years, 6.25%/5.85%/5.75% for 4–<5 years and 6.50%/6.10%/6.00% for 5 years across amount slabs up to USD 1 million, above USD 1–3 million and above USD 3 million. Standard FCNR(B) uses the current FCNR rate sheet; IND Rupee Gain return is FCNR interest plus forward premium.View source
The Special page publishes all three tenor rows and three amount slabs.
Source
Special (B) Deposit Scheme
Page / section
Rate of Interest table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Senior-citizen rateNo separate senior-citizen premium is published on the reviewed FCNR(B), Special FCNR(B) or IND Rupee Gain pages; the applicable NRI deposit schedule controls.View source
The (B) page gives eligibility, currencies, tenor and tax but no senior-citizen premium.
Source
(B) account
Page / section
Complete product page
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum depositFCNR(B) states no minimum or maximum amount stipulation. Special FCNR(B) publishes slabs but no separate minimum amount. IND Rupee Gain minimum is USD 10,000 or equivalent in a non-USD currency.View source
The official pages publish no-stipulation and Rupee Gain's USD 10,000 minimum.
Source
(B), Special (B) and IND Rupee Gain
Page / section
Minimum amount / Min Amt rows
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Premature withdrawalFCNR(B) follows the lower of the contracted rate or rate for the run period under the current guidelines; while a loan against FCNR is outstanding, preclosure is unavailable. Special FCNR(B) cannot close within one year; after one year and before three years pays 3.50%, and between three and below five years pays the applicable run-period rate less 1 percentage point. IND Rupee Gain preclosure terms are not published on its product page.View source
The Special page publishes the one-year lock-in and both post-lock-in rates.
Source
Special (B) Deposit Scheme
Page / section
Lock-in and premature withdrawal
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Payout / maturityFCNR(B) principal and interest are payable in the deposit currency. Special FCNR(B) follows FCNR(B) features. IND Rupee Gain maturity is converted into INR at the contracted forward rate and credited to the NRE SB account.View source
The official pages state same-currency payment and Rupee Gain conversion into .
Source
IND Rupee Gain and (B)
Page / section
Maturity / benefits
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Return combines interest and the forward premium for the selected period
  • Can be opened from balance or fresh remittance
  • Minimum USD 10,000, or equivalent in another currency
  • Currency and tenor selected according to applicable rate and forward premium
  • Maturity proceeds paid in to account; freely repatriable and tax-free in India

Eligibility

  • customer with eligible funds or fresh foreign remittance; currency, tenor, forward contract and / conditions must be accepted before booking.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • IND Rupee Gain application, account/, passport/ evidence, /Form 60, remittance proof and forward-contract declarations

Related official documents

Policy on Deposits 2025–26 — NRI deposit schemesofficial-pdf · current · accessed 31 Aug 2026
↗
IND Rupee Gainofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

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Deposit maturity estimate

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Money at maturity₹1,34,686one lakh thirty-four thousand six hundred eighty-six rupees
Money you put in₹1,00,000one lakh rupees
Interest earned₹34,686thirty-four thousand six hundred eighty-six rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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IB Seafarer · Currency / type savings;

This value is copied from Indian Bank remaining and foreign-currency products — published terms. Check the table notes before relying on it.

Source: Indian Bank and Forex Services · Accounts, term deposits, Special (B), and IND Rupee Gain pages Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 7 rows · 6 columnsIndian Bank remaining NRI and foreign-currency products — published termsView tableHide table

Scroll sideways to view every column

Indian Bank remaining NRI and foreign-currency products — published terms
ProductCurrency / typeBalance or minimumTenure / rateRepatriation / withdrawalEligibility
IB Seafarer savings; ₹2,00,000 or ₹1,00,000 + ₹10 lakh or ₹50,000 + ₹25 lakh savings schedule; open-ended treatment; RuPay Select limits, lounge and insuranceIndian-national foreign-shipping seafarers
Foreign Students savings; Temporary ₹87,000 total credit and ₹50,000 withdrawal until local address proof savings schedule; open-endedLocal study/personal expenses; no business/investment; no joint or Foreign students in India; Pakistan approval required
Foreign-currency accountMinimum not publishedOpen-ended accountForeign assets and eligible pension/gifts credited; useReturning Indians
SNRRNon-interest-bearing; Minimum not publishedContract/business tenure; normally ≤7 yearsRepatriable; business-specific debits/creditsNon-resident with bona fide India business
(B)/MMD; //////CHF/SGDNo minimum or maximum stated1–5 years; current schedulePrincipal/interest same currency; tax-free; loan subject /
Special (B)Amount slabs up to USD 1m, USD 1–3m and above USD 3m3–<4, 4–<5 or 5 years; 6.00%–6.50% top slab; 1-year lock-inPublished post-lock-in rates; loan/ per norms; available to 30 Sep 2026Eligible (B) customer
IND Rupee Gain + forward contract; selected foreign currencyMinimum USD 10,000 or equivalentTenor follows rate and forward premiumMaturity converted to in ; freely repatriable and tax-free with eligible funds or fresh remittance
Indian Bank and Forex Services · Accounts, term deposits, Special (B), and IND Rupee Gain pages · accessed 31 Aug 2026Open official source ↗

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