Guides
Practical guides to help NRIs navigate finances across borders — from deposits and loans to taxes and investments.
Trying to understand FCNR (B)? Everything you need to know in 5 minutes.
FCNR (B) is a fixed deposit in a foreign currency offered by Indian banks to NRIs and OCI holders. This guide explains what it is, how it compares to NRE and NRO deposits, its genuine advantages, and what to watch out for.
14 July 20265 min read
NRIs can earn 6–7% returns from FCNR (B) deposits. Here's the catch — book by Sept 30 2026.
The RBI's June 2026 swap facility has pushed FCNR (B) interest rates to 6–7% for USD deposits. This guide explains what changed, how the leverage play works, and whether the double-digit return hype is worth the risk.
14 July 20268 min read