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 3/28/2025 | ||
|---|---|---|
| Currency | Amount | Rates |
| USD/INR | Below $5001 | 84.80 |
| USD/INR | $5001 - $20,000 | 84.85 |
| USD/INR | $20,001 - $50,000 | 85.10 |
| USD/INR | $50,001 - $100,000 | 85.15 |
For Remittance above $100,000.00, please contact our Funds Management Department over phone 212-578-4550
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