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Coming back NRIs can get redesignate its FCNR (B) deposits since the RFC dumps on confirmation of their residence transform. It will help hold foreign exchange even with to India. FCNR (B) Deposits will likely be unsealed to own the absolute minimum period of 1 12 months and up to a max tenure of five ages to possess USD. For GBP, CAD, SGD and you will AUD, the newest tenure try 1 year in order to less than 36 months.
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