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NRI & International · India / home country

NRE vs NRO vs FCNR Deposit Calculator

Compare NRE, NRO and FCNR maturity values in your home currency after entered taxes, fees and exchange-rate assumptions.

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Values you enterComputed values

Scope: Scenario comparison using entered bank rates, exchange rates and tax assumptions. No product exemption or suitability is determined.

Amounts

Assumptions

Currencies

NRE

NRO

FCNR

Result

Review required

Highest modelled home-currency maturity: NRE, under the rates and tax assumptions entered.

Initial home-currency equivalentUS$11,904.76
Best modelled maturityUS$13,614.25

Deposit comparison

DepositPrincipalGross interestTax estimateHome-currency maturity
NRE₹10,00,000.00₹2,31,439.31₹0.00US$13,614.25
NRO₹10,00,000.00₹2,31,439.31₹72,209.07US$12,815.93
FCNRUS$11,904.76US$1,710.41US$0.00US$13,547.10

Assumptions & scope

  • Scenario comparison using entered bank rates, exchange rates and tax assumptions. No product exemption or suitability is determined.
  • Rates are examples, not live bank quotes. FCNR is modelled in the selected home currency; actual FCNR products support specified currencies. Confirm NRE/FCNR Indian exemption eligibility and overseas tax. Additional residence-country tax must be after allowable foreign tax credits. Tax is deducted at maturity for this comparison; recurring withholding reduces compounding differently.

Disclaimer: Computed to the best of our knowledge, as per the laws, rules and official guidance of the country stated on this page in force on the date this website was last deployed (2 Oct 2026). Results are estimates for planning only and are not tax, legal, employment or investment advice. Please verify with the official sources listed, or a qualified professional, before relying on them. Rates and limits last reviewed on 1 Oct 2026.

How to use the NRE vs NRO vs FCNR Calculator

  1. 1

    Enter your own amounts, dates and verified eligibility facts. Sample values illustrate the calculation only.

  2. 2

    Check the breakdown and assumptions. Resolve any review-required items before using the result.

  3. 3

    Download the Figment PDF to retain the inputs, calculation, sources and scope.

How the calculation works

Gross interest = principal × [(1 + annual rate / compounding frequency)^(frequency × years) − 1].

Tax = gross interest × (verified India rate + additional foreign rate after credits).

NRE/NRO home maturity = INR maturity ÷ ending INR-per-home-unit FX; FCNR is already in the selected currency.

Scenario comparison using entered bank rates, exchange rates and tax assumptions. No product exemption or suitability is determined.

Worked example

  • ₹10 lakh for 3 years at 7%, compounded quarterly, grows to about ₹12.31 lakh before tax.
  • At ending FX ₹90/USD, that is about USD 13,683 before conversion fees. Change the tax and FX inputs to compare products.

What this tool covers

Scenario comparison using entered bank rates, exchange rates and tax assumptions. No product exemption or suitability is determined.

Using the result

Keep underlying bank statements, travel records, contracts or invoices with the PDF, as applicable. Recalculate when the facts or assumptions change. A modelled result is not a filing, legal opinion or guarantee.

Frequently Asked Questions

No. Replace sample rates with quotes for the exact bank, currency and tenor.