Rupee Linked Foreign Currency Deposit - Benefits & Comparison

14 Jul 2022

Back to all Infographics

Rupee Linked Foreign Currency Deposit is a product made for our NRI customers. Customers can convert their Rupee deposit into any convertible currency (presently USD, AUD, GBP and EURO) for a fixed maturity date to get a better yield compared to the NRE Rupee deposit rate as per prevailing market conditions. This product is without any risk to the customer and the customer will get the maturity proceeds in Rupee after the maturity of the deposit.

RLFCD Benefits

  • Opportunity of a better Yield %
  • No Exchange Risk
  • Return is Tax-Free

Comparison with NRE TD

Principal Principal
Interest (Applicable as per FCNR (B)) Interest (Applicable as per NRE TD)
Premium/Discount available in the market  

This information is generic in nature and is for illustration purpose only. Kindly read all terms & condition prior investing. Please contact your Branch or Relationship Manager to confirm the yield before actual placement of funds.

Read more

Popular Infographics

Tag Clouds

Related Infographics

  • Disclaimer

    The contents of this article/infographic/picture/video are meant solely for information purposes and do not necessarily reflect the views of Bank of Baroda. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Bank of Baroda and/ or its Affiliates and its subsidiaries make no representation as to the accuracy; completeness or reliability of any information contained herein or otherwise provided and hereby disclaim any liability with regard to the same. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject Bank of Baroda or its affiliates to any licensing or registration requirements. Bank of Baroda shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.

Leave a Comment

Thanks for submitting your details.

The All-in-One Equity Fund

Importance of Financial Planning - A Key to Wealth Creation

Add this website to home screen

Are you Bank of Baroda Customer?

This is to inform you that by clicking on continue, you will be leaving our website and entering the website/Microsite operated by Insurance tie up partner. This link is provided on our Bank’s website for customer convenience and Bank of Baroda does not own or control of this website, and is not responsible for its contents. The Website/Microsite is fully owned & Maintained by Insurance tie up partner.

The use of any of the Insurance’s tie up partners website is subject to the terms of use and other terms and guidelines, if any, contained within tie up partners website.

Proceed to the website

Thank you for visiting

We use cookies (and similar tools) to enhance your experience on our website. To learn more on our cookie policy, Privacy Policy and Terms & Conditions please click here. By continuing to browse this website, you consent to our use of cookies and agree to the Privacy Policy and Terms & Conditions.