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NRE ACCOUNT

1. NRE SAVINGS ACCOUNT


a) Features & Benefits Free transfers & higher interest Transfer funds freely between India and abroad Earn higher interest rates on your account Pay ZERO tax on the interest earned on your NRE Account in India Accessibility Withdraw cash easily and shop worldwide with International Debit Card Appoint a mandate to operate your account for you Managing your account Transfer your funds freely to any place outside India Conduct transactions securely online, 24x7 with NetBanking Pay utility bills - electricity, phone, mobile phone - payment by a simple registration Other benefits Get a personalised cheque book Get tax exemptions on interest earned and wealth tax Free Email Statement facility Avail of Safe Deposit Lockers at certain branches Invest in Mutual Funds by linking your NRE Savings Account to our Investment Savings Account Transferring money to and from your account To transfer money to your NRE account, you can: Transfer funds from abroad in a freely convertible foreign currency Present foreign currency notes / traveller's cheques brought in by you on your visit t o India Directly remit the amount to us from your overseas bank account Transfer funds from an existing NRE / FCNR Account held in other banks in India b) The eligibility criteria Photocopy of the pages of the passport containing passport details and personal details of all applicants Copy of valid visa / work permit One passport photograph of each applicant One document confirming either the overseas or Indian address. The address on the document has to match the address mentioned in the application form. You are eligible if you are a Non-Resident individual of Indian nationality or of Indian origin.

2. NRE CURRENT ACCOUNT


a) Features & Benefits Repatriate your principal and interest amount fully Remit funds easily through Quickremit, IndiaLink, Cheque LockBox, Telegraphic Transfers and Cheque / Draft for free Utilise account balance for repatriable investments as well as local payments in India Deposit your overseas earnings in the non-interest bearing Rupee account Avail of free ATM Card for the mandate holder in India

Get an International Debit Card Get a personalised cheque book Operate your account, anywhere, anytime with convenient banking channels like NetBanking Transferring money to and from your account To deposit money in your NRE Current Account, you can: Transfer funds from abroad in a freely convertible foreign currency Present foreign currency notes/travellers cheques brought in by you or another NRI during a visit to India Directly remit the amount to us Transfer funds from an existing NRE/FCNR Account held in other Banks b) The eligibility criteria Photocopy of the pages of the passport containing passport details and personal details of all applicants Copy of valid visa / work permit One passport photograph of each applicant One document confirming either the overseas or Indian address. The address on the document has to match the address mentioned in the application form. You are eligible if you are a non-resident individual of Indian nationality or of Indian origin.

3. NRE FIXED DEPOSITS


a) Features & Benefits Earn interest at higher rates than the Libor rate Partial withdrawal of the deposits is allowed Avail of overdraft up to 90% of the deposit, or Rs. 1 Crore, whichever is lower, for self or others Repatriate your complete deposit (principal and interest) at any time Enjoy tax exemption from the entire deposit (principal and interest) Open the deposit jointly with any other NRI Avail of the nomination facility Cluster Deposit: Encash part of the deposit amount while the balance continues to earn interest at the contract rate as the NRE Fixed Deposit is held in clusters of Re.1 o Initial Fixed Deposit: Rs. 25,000/o Add-on Fixed Deposits: Rs. 10,000/Maintain the deposit for a tenure of minimum 1 year and a maximum of 5 years To deposit money in your NRE Fixed Deposit, you can: o Transfer funds from abroad in a freely convertible foreign currency o Present foreign currency notes/travellers cheques brought in by you or another NRI during a visit to India o Directly remit the amount to us o Transfer funds from an existing NRE/FCNR Account held in other Banks

b) The eligibility criteria You are eligible if you are a non-resident individual of Indian nationality or of Indian origin.

4. SUPERSAVER ACCOUNT
a) Features & Benefits

Link your account either with an NRO Savings or NRO Current Account Avail of an overdraft facility up to 90%* of your deposit (Maximum overdraft against FCNR Deposit is 70% of FCNR Re-invest the interest on maturity with the principal @ interest applicable then

b) The eligibility criteria All NRIs holding an NRI account with HDFC Bank are eligible to open a Super Saver Account. Overdraft Limits: o Up to* 90% on Fixed Deposit amount o The minimum tenor of the Fixed Deposit should be 1 year in case of NRE/NRO and FCNR Deposit Accounts o The overdraft facility will be granted on the NRO Savings Account and can be repaid through foreign inward remittances or through local sources

5. SWEEP IN ACCOUNT
a) Features & Benefits Withdraw only the exact amount you need from your Fixed Deposit Choose between an NRI Savings and Current account for linking Only an exact amount required to make up for the deficit in the Savings account is withdrawn from your Fixed Deposit (units of Re. 1/-) thereby minimising interest loss. Multiple deposits can be linked to the Savings account. Flexibility in altering the period of deposit, maturity and payment instructions, principal amount and rollover mode.

b) The eligibility criteria All NRI account holders are eligible to open the Sweep-In Account. The facility is available against the NRO/NRE Term Deposits and is not available against FCNR Term Deposits.

6. FCNR DEPOSITS
a) Features & Benefits Hold your deposit in any of the 6 foreign currencies - US Dollars, Pounds Sterling, Euro, Japanese Yen, Australian Dollars, Canadian Dollars Repatriate principal and interest amount fully Enjoy tax exemption on the entire deposit Open the deposit jointly with other NRIs Avail of Super Saver facility to get an overdraft on your NRO Savings / Current account against your FCNR Fixed Deposit Avail of the nomination facility Minimum initial deposit USD 1,000/-, GBP 2,500/-, Euro 2,500/-, JPY 7,50,000/-, AUD 1,000/-, CAD 1,000/Minimum add-on deposit USD 1,000/-, GBP 1,000/-, Euro 1,000/-, JPY 7,50,000/-, AUD 1,000/-, CAD 1,000/Maintain the deposit for a tenor of minimum 1 year and a maximum of 5 years

b) The eligibility criteria

You are eligible if you are a non-resident individual of Indian nationality or of Indian origin. The deposit can also be held jointly with other NRIs.

7. RFC SAVINGS ACCOUNT


a) Features & Benefits Keep your foreign earnings in the same currency saving yourself from exchange rate risks Transfer balance to NRI Accounts on regaining NRI status Withdraw cash in Rupees Earn tax exemption on interest accrued on declaration of Resident but Not Ordinarily Resident status Repatriate funds for bonafide purpose Avail of the nomination facility Free Email Statement facility Enjoy free 24-hour PhoneBanking Enjoy the convenience of banking at any of our branches in India

b) The eligibility criteria Eligibility You are an NRI who has returned to India on or after 18th April, 1992 You were resident outside India for a continuous period of not less than 1 year prior to your return You have been permanently settled in India since your return Documents Required You are an NRI who has returned to India on or after 18th April, 1992 You were resident outside India for a continuous period of not less than 1 year prior to your return You have been permanently settled in India since your return

8. RFC FIXED DEPOSITS


a) Features & Benefits Book Fixed Deposit in 4 foreign currencies and protect your deposit from exchange rate risks Earn tax exemption on interest accrued on declaration of Resident but Not Ordinarily Resident status Repatriate funds on bonafide reasons Protect your savings from exchange rate risks

b) The eligibility criteria Eligibility You are an NRI who has returned to India on or after 18th April, 1992 You were resident outside India for a continuous period of not less than 1 year prior to your return You have been permanently settled in India since your return Documents Required Photocopy of the pages containing passport details and personal details of all applicants Copy of valid visa and immigration stamps showing evidence of foreign stay for at least 1 year Your passport photograph (1) RFC declaration form