Customers can avail of an overdraft up to 90% of their deposit, providing them with financial flexibility in times of need. Recognizing this, HDFC Bank allows partial withdrawal of the deposits, ensuring that customers have access to their funds when they need them. The HDFC NRE FD rates are designed to provide maximized returns to the depositors, ensuring that their money grows efficiently while parked in the FD. With the HDFC NRE account interest rate being highly competitive, it's no wonder that many NRIs are keen on exploring this option.
This product not only allows NRIs to earn competitive interest on their deposits but also offers a host of other benefits, making it a sought-after financial instrument. For Non-Resident Indians (NRIs) looking to invest their foreign earnings in India, the HDFC NRE FD stands out as a preferred choice. HDFC Bank, a leading name in the Indian banking sector, has always been at the forefront of offering specialized financial products tailored to the needs of its diverse clientele.