Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund   Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund

Fixed Deposit (NRO)

CUB's NRI customers can open Fixed Deposit (FD) and transfer funds from NRO / NRE / FCNR account.

  • Deposit can be opened as Cumulative or Non - Cumulative Deposit
  • Deposit can be opened jointly with a Non - Resident or Resident
  • Joint Account with a Resident in India will be on Former or Survivor Basis
  • TDS will be applicable on interest earned.
  • In case of Non Cumulative deposit, you can receive interest quarterly
  • Principal together with interest can be remitted outside India or can be credited to NRE Account upto USD 1 Million per financial year subject to production of undertaking by the remitter and certificate from a Chartered Accountant
  • FREE CUB Net banking to view the deposits
  • NO SERVICE CHARGES for inward remittances from abroad
  • Funds can be transferred from NRO / NRE / FCNR Account
  • No interest is payable if deposit is preclosed before the minimum stipulated period
  • Preclosure of deposit after the minimum stipulated period but before maturity will attract penalty as per the Bank’s policy from time to time
  • Conversion of foreign currency into Indian Rupees or vice versa will attract GST as per GoI notification
  • Loan against the security of deposit can be obtained subject to RBI guidelines and Bank’s policy in force
  • Attractive interest rates
  • Click here to download opening form.
  • Click here to know current interest rate for NRO Fixed Deposit
  • For queries, contact us - nri@cityunionbank.com
Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund   Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund
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