Open FCNR(B) From UK
The 5th largest economy globally, the United Kingdom offers a high standard of living and excellent employment and education avenues. The immigrant population in the UK continues to play a crucial role in the upward trajectory of the UK economy. The revolutions in the banking, industrial, manufacturing, technological and service sectors have further paved the path for employment opportunities.
India has had financial ties with the UK, dating back many centuries. The first immigrants to the UK comprised scholars, sailors, and workers employed by the British East India Company. Today, the British Indian community has grown to over 1 million and comprises Non-Residents, PIOs and OCIs, and British, Scottish, and Irish Indians naturalised by birth. As an Indian national living in the UK, an FCNR FD lets you save your foreign earnings without worrying about fluctuating foreign exchange rates. You can freely and fully repatriate your tax-free Pound Sterlings back to the UK.
Open NRI Savings Account