FCNRA full form, What is the full form of FCNRA

FCNRA full form, What is the full form of FCNRA



FCNRA full form, What is the full form of FCNRA
FCNRA full form, What is the full form of FCNRA

The full form of FCNRA is a Foreign Currency Non-Resident Account.
It stands for Foreign Currency Non-Resident Account. If you are an NRI and wish to maintain a Fixed Deposit Account in India, you can opt for an FCNR Account that allows you to save money earned overseas in Foreign Currency. Mostly banks book FCNR deposits in the following currencies.