We will not be held responsible for any decision you make based on the information provided on this website. Deposit Account Type APY, account Details, standard Chartered Bank Hong Kong 1 Year RMB FCA Term Deposit.00 - RMB - Mar, 2018. The third benefit is the principal and interest earned is fully repatriable, which means NRIs can transfer their money back without much formalities. We are responsible for ensuring that we accurately reflect product or service"s via our aggregator comparison technology. As can be seen, icici Bank, Federal Bank, Karnataka Bank and idbi Bank pays highest interest on fcnr deposits in Hong Kong Dollars. Hence for NRIs in Hong Kong the interest earned on fcnr deposit is tax free as its neither taxed in India nor in Hong Kong! Suitability of Products, the Products displayed on this website are not provided by us but by third parties over whom we do not have control.
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