A Certificate of Deposit Account is a Secured Investment option denominated in US Dollars, earning a fixed rate of interest for entire period of deposit.
This is a non- interest bearing account with no restrictions on the number of transactions.
| EXCHANGE RATE APPLICABLE FOR 9/26/2023 | ||
|---|---|---|
| Currency | Amount | Rates |
| USD/INR | Up to $5000 | 82.35 |
| USD/INR | Over $5001 to $20,000 | 82.40 |
| USD/INR | Over $20,001 to $50,000 | 82.45 |
| USD/INR | Over $50,001 to $100,000 | 82.50 |
For Remittance above $100,000.00, please contact our Funds Management Department over phone 212-578-4550
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