Our NRO Fixed Deposit is one of the best propositions for a secure deposit with flexible liquidity at a higher interest rate. Jana Small Finance Bank brings to you best-in-class interest rates to ensure that your earnings grow steadily and effortlessly. Its key features like attractive interest rates and multiple interest payout options make it the ideal investment for your hard-earned money.

Key Benefits

Attractive Interest Rates
  • Get best-in-class Interest Rates
  • Earn more attractive interest rates than Savings Account
  • Please click here for the interest rates.
Low Deposit Amounts
  • Start depositing with an amount as low as INR 10,000
Mobile Banking App
  • Transact conveniently through our Mobile Banking App
Cumulative and Non-Cumulative (Monthly / Quarterly / Half-Yearly / Yearly Payout Options)
  • Freedom to choose the Interest pay-out option
Dedicated Contact Centre

Terms and Conditions:

  1. The interest is computed based on the actual number of days in a year i.e. 365 days for a non- leap year and 366 days for a leap year. The tenor of Deposit is calculated in number of days.
  2. Minimum tenure for NRO fixed deposits is 7 days and no interest is payable for deposits prematurely withdrawn within the period of 7 days from the date of the deposit
  3. Interest earned on NRO fixed deposits are taxable as per applicable rates according to Income Tax Act 1961 as amended from time-to-time.
  4. In case of premature withdrawal of the deposit, penalty as follows will be applied on the applicable rate of interest for the duration which the deposit is maintained with us:
    • Fixed Deposit less than INR 300 Lakhs – 0.5%
    • Fixed Deposits greater than or equal to INR 300 Lakhs – 1%
  5. For all Non-Cumulative Fixed Deposits, interest is calculated on Simple interest basis. Interest payouts are as per financial year: Monthly Interest payouts will be on 1st of every month, Quarterly Interest payouts will be on the 1st of every quarter, Half yearly payouts will be on 1st October & 1st April and Annual interest payouts will be on 1st April irrespective of the date of booking.
  6. Interest earned on NRO account is taxable as per existing applicable rates.

Eligibility Criteria

All NRIs and PIOs can open a fixed Deposit

How to Apply

  • If you are in town, Visit the nearest branch of Jana Small Finance Bank and our Relationship Manager will guide you on the application process.
  • For Non face-to-face account opening, please connect with our dedicated contact centre (08068131056) or write to us at nri-customercare@janabank.com.

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