Fixed Deposit

NRI Banking FAQS

Transfer Funds to Local Overseas Account

How do I transfer funds from my IDFC Bank NRI Account to my local bank account overseas?

  • Can the Bank deduct TDS

If you have a Non-Resident External (NRE) Account, deposit or FCNR(B) Deposit, please complete the Funds Transfer Request Form and e-mail it to from your registered e-mail ID. For our mutual protection, for instructions received on e-mail, our representatives may call you to verify your identify and your instructions prior to executing the instructions. The transfers may be delayed if you are not contactable at the registered telephone numbers on our records.

This is fast, convenient and fee-free. You will receive these funds in your overseas bank account typically within 1-2 business days.

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