NRIs might be stomping the world with their prowess and intellectual capabilities but India as an economy is growing by leaps and bounds as well. So it is no surprise that in spite of living and earning outside, the lure of high earnings and keeping the connection with their homeland intact are the key factors for NRI investments in India. NRIs are restricted by Reserve Bank of India (RBI) on the kind of investments they can do and till what limit. Their inflow and outflow of money is monitored under the Foreign Exchange Regulations Act and they need to comply with various rules while investing. 

Best Investment Solution for NRIs

Considering the hassles for repatriating money to and from the country, the best investment solution for NRIs is fixed deposits. It is easy to open a bank deposit as most NRIs will have an Indian bank account which can be either an NRE (non-resident external) or NRO (non-resident ordinary) account. Both of these can be used to create an FD with certain differences. The sources of funds in NRE can be external whereas for an NRO the sources of funds are in India itself.

Current Rates

NRI deposits earn the same interest rates as resident Indians which is favourable. However, this works in the negative when the interest rates are falling in the economy. Currently, the interest rates are on the lower end and have been falling owing to RBI’s REPO rate cuts since the beginning of 2019. Thus, the interest rates have been in the range of 7.5% to 7.9% till 10 years of tenor.

As an NRI, you will prefer a more lucrative option owing to hassles and finding the best rate of returns. Consider company FDs as a highly safe and guaranteed returns investment option where you can earn the highest return on investment. Their creditworthiness is ranked by reliable credit rating agencies such as CRISIL and ICRA. 

Choosing the right Company FD

Bajaj Finance FD is one of the highest paying and safest company FDs in the country today. You can invest in Bajaj Finance FD through NRO accounts.

You can easily utilize the NRI Fixed Deposit Calculator to understand the principal amount you need to earn a specific return. To understand the best tenor that can fetch you the desired maturity amount, take a look at the table below – 

Tenor in Months Minimum deposit (in Rs.) Cumulative Non-Cumulative
Monthly Quarterly Half-yearly Annual
12 – 23 25,000 8.00% 7.72% 7.77% 7.85% 8.00%
24 – 35 8.15% 7.88% 7.93% 8.00% 8.15%
36 8.60% 8.28% 8.34% 8.42% 8.60%
Special tenors scheme
15 Months 1,00,000 8.05% 7.77% 7.82% 7.89% 8.05%


Bajaj Finance FD has been rated highly with CRISIL’s FAAA/stable rating and ICRA’s MAAA/stable rating.

Lucrative Return on Investment

As the table demonstrates- by investing just Rs. 25,000 – which is the minimum investment required for a Bajaj Finance FD, the ROI is 51% for a 5-year FD. If you are a senior citizen, you can avail higher ROI up to 53%. This clearly shows how a good FD can provide a promising return and add value to your portfolio. 

New Features

You can even avail new features such as the auto-renew facility to allow the same tenor FD to be carry forwarded. You can also do a multi-deposit with a single amount by distributing into multiple FDs of your choice of tenor. Such features are a boon for people living away from the place of investment and seeking the best investment available at your fingertips.


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