FX and Cash Management

Forward Cover Investments

A Forward Cover investment helps you lock in an exchange rate at maturity and eliminates exchange rate risks. There are two types of forward cover investments:

Non Resident External (NRE) Plus

  • Combines an NRE deposit with a forward cover to provide you fixed rate returns in foreign currency
  • No currency fluctuation risks at maturity
  • Tax-free and fully repatriable

Foreign Currency Non Resident (FCNR) Plus

  • Combines an FCNR deposit with a forward cover to yield high returns in INR
  • No currency fluctuation risks at maturity
  • Tax-free and fully repatriable
Get In Touch

Call Us: 1800 209 4555

Get In Touch

Call Us: 1800 209 4555

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