Open FCNR account with IDFC FIRST Bank and earn assured returns on your foreign currency. Enjoy secure FCNR deposits with attractive interest rates for NRIs. Apply now! Our Foreign Currency Non-Resident (FCNR) account is designed to meet the unique financial requirements of Non-Resident Indians (NRIs). An FCNR fixed deposit lets NRIs hold their savings in foreign currencies, thus, safeguarding their wealth from exchange rate fluctuations. It offers attractive interest rates and tax-exempt interest in India, ensuring that NRIs can maximize their returns while maintaining financial stability.