What are the returns offered by Belong on the USD FD?
Currently we are offering a very competitive return of 6% p.a. for these tenures: 3 months, 6 months and 1 year.
This is Belong's introductory offer and is not indefinite.
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What is the Belong USD FD?
The USD Fixed Deposit on Belong is a USD-denominated FD offered in partnership with RBL bank’s GIFT City unit. The key highlights of this FD for NRIs are: Higher interest rates: Indian banks typically provide higher interest rates than NRIs’ local ...How is the USD FD on Belong better than FCNR deposits?
Conceptually, they are similar to FCNR deposits, but there are some key differences which make them better than FCNR deposits. Unlike FCNR deposits, which have a minimum tenure of 1 year, Belong USD FDs are available for lower tenures as well - 3 ...Are there any charges/fees on premature withdrawal of FDs?
On premature withdrawal, interest will be paid out at applicable rate* minus 1% or zero whichever is higher. Any bonus payout from Belong will also not be applicable in case of premature withdrawals. For example, let's say at the time of booking the ...Why can I see FD returns without the Belong bonus when I am booking my FD?
While booking the USD FD on the Belong app, you might see a lower interest rate which is only our partner bank's interest rate. The bonus is offered by Belong independently hence it will not show in the bank's environment in the app. Your total ...What is the minimum amount for RBL USD FD on Belong?
The minimum amount required to open a USD FD with Belong is $1,000.