Experience the world of simplified banking and exclusive benefits.

Capital SFB

NRE Short Term Deposit

Features of NRE Short Term Deposit

Appoint a nominee to claim interest and earnings

No TDS deduction by submitting form 15H/15G

Additional interest for Senior Citizens

About NRE Short Term Deposit

Capital SFB’s Short Term Deposit allows you to earn simple interest on your savings. This deposit can be opened for a minimum period of 15 days, with a maximum term of 364 days. This is a convenient option for those who want to earn interest for a short period of time.

Eligibility

Individuals who are 18 years of age or older

Minors and NRIs can also apply

Firms, Corporate and Clubs are eligible

How to apply for NRE Short Term Deposit ?

Visit your nearest branch: To begin the process, bring your KYC documents and passport-sized photographs to your nearest branch. You can fill out the application form at the branch to get started.

Customer Care: Call us at 1800 120 1600, one of our representatives will get in touch with you.

Email: Mail us as at lead@capitalbank.co.in with your Name, Contact Number, Address & Message. One of our representatives will get in touch with you.

Click:

Apply Now

Documents Required

Duly filled application form

Passport Size Photograph

Identity proof: PAN Card, Driving license, Voter’s ID card, etc.

Address proof: Aadhaar Card, Telephone Bill, Passport, etc.

Benefits of NRE Short Term Deposit

  • Overdraft Facility: Get an Overdraft facility of up to 92.5% of your deposit, including any accrued interest.
  • High Liquidity: Short Term Deposits provide high liquidity while also offering good returns on your investment.
  • Use as Margin Money: Short Term Deposits can be utilized as margin money for non-fund based facilities, such as a loan.
Menu