As we grow older, our conversations with our moms grow too.
We talk about work, life and almost everything under the sun. And before we know it, we’re talking about their retirement and financial future too.
Since my mom is an NRI and earns in USD, we wanted to make sure her savings were doing more than just sitting idle. That’s when we came across KVB’s USD FCNR Deposit.
It lets her keep her savings in USD while earning attractive interest. Plus, the interest earned is tax-free in India*, with flexible tenures from 1 to 5 years and full repatriability of both principal and interest.
If you’re an NRI, or have family or friends living abroad, this is definitely worth looking into.
*T&C apply.
#KarurVysyaBank #KVB #FCNRDeposits #NRIBanking #USD