NRE vs NRO vs FCNR deposit calculator
Compare FCNR, NRE and NRO deposit scenarios in one chosen foreign currency with every rate, tax and exchange-rate assumption under your control.
Compare all three deposits in one currency
Rates and effective tax assumptions are yours to change. No bank or product is recommended.
A negative value models INR appreciation.
Highest modelled USD maturity: FCNR
Future exchange rate assumption: ₹110.13 per USD. The leading scenario is ahead of the second by about 6,433 USD.
FCNR maturity (USD)
124,618
NRE maturity (USD)
118,185
NRO maturity (USD)
107,754
FCNR maturity in INR
₹1,37,24,331
NRE maturity in INR
₹1,30,15,823
NRO maturity in INR
₹1,18,67,078
Tax exemption depends on FEMA residential status, account eligibility and product facts. Rates, premature-withdrawal rules, deposit insurance, currency risk and local-country tax can change the outcome.
Direct answer
The highest interest rate is not necessarily the highest foreign-currency maturity
An INR deposit can show a higher annual rate yet produce a lower result in the currency you ultimately spend. This model compounds each entered post-tax rate, converts INR deposits using your future exchange-rate assumption and compares all three outcomes on the same basis.
- 1Use actual bank quotes for the same term and compounding convention.
- 2Enter an effective tax rate that reflects both Indian eligibility and country-of-residence tax.
- 3Stress-test INR appreciation and depreciation rather than relying on one forecast.
- 4Check premature-withdrawal, deposit-insurance and repatriability terms separately.
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Official sources cited in this tool
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