Now you can be a little closer to your loved ones. Just place an NRE or NRO Fixed Deposit through Internet Banking and we will gift* you a calling card from tajonline. So go ahead and get set to call your loved ones in India with your FREE calling card. Hurry! Offer valid from 25 August 09 - 25 October 09 . View talktime to India from various countries View offer Terms and Conditions Overdraft against your NRO Fixed Deposits at just 2% over the deposit rate.1 Freely repatriable principal and interest for NRE Term Deposits. Repatriable2 interest post deduction of taxes3 in India for NRO Term Deposits. A wide range of tenors and attractive interest rates. See the difference between keeping Rs. 100,000 in an NRO savings account as against investing it in an NRO Fixed Deposit. Rs. 100,000 in a... After 1 Year After 2 Years After 3 Years Savings Account Rs. 103,546 at 3.5% p.a. Rs. 107,218 at 3.5% p.a. Rs. 111,020 at 3.5% p.a. Cumulative Fixed Deposit Rs. 107,186 at 7.00% p.a. for 365 days Rs. 116,022 at 7.5% p.a. for 2 years Rs. 134,489 at 10% p.a. for 3 years You gain4 Rs. 3,640 Rs. 8,804 Rs. 23,469 Next Steps... Login to Internet Banking and click on 'Open New Fixed Deposit' More Information Learn more about Indian Rupee Deposits NRO Fixed Deposit Interest Rates NRE Fixed Deposit Interest Rates 1. Login to internet banking and place a new NRE/NRO fixed deposit account 2. HSBC will send you a redemption code via email 3. Visit www.tajonline.com/hsbc and use the redemption code to generate your new calling card

2% over the weighted average of the interest rates applicable to the linked fixed deposits to a maximum of the Bank's Prime Lending Rate as may be declared by the Bank from time to time. Overdraft available at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Terms and Conditions Apply. As per current local regulations the permissible remittance from the balances in NRO accounts is up to USD 1 million, per financial year for all bonafide purposes. The remittances (net of applicable taxes) will be allowed to be made on production of an undertaking by the remitter and a certificate from a chartered Accountant in the prescribed formats. NRO Deposits are subject to TDS, where applicable. Indian tax information given herein is general and is not meant to constitute, and therefore should not be construed, as advice. The tax consequences are also based on individual facts and circumstances. As such, prior professional tax advice should be sought to fully understand and appreciate the Indian tax implications. The Bank, on request from a depositor, may at its discretion allow withdrawal of a term deposit before completion of the period of the deposit agreed upon at the time of placement of the deposit. For Terms Deposits that are prematurely encashed, interest will be paid at the rate being 1% lower than the rate prevailing on the date of placement of the deposit, for the period for which the deposit remained with the bank. All rates quoted in the table above are quoted before the deduction of any tax that may be payable. NR deposits are under the Reserve Bank of India programme for Non-Resident Indians and are goverened by the rules in effect from time to time relating to such programmes, are subject to the sovereign risk arising from, and governed by the laws of, or any changes to the laws of india. We remind UK citizens and UK residents that deposits with HSBC India are not subject to the rules made under the Financial Service Act 2000 for the protection of the private customers, including the Financial Services Compensation Scheme. For US Citizens and US Residents, If necessary, you should consult your tax advisor for questions regarding the US tax treatment of these deposits. NR deposits with the Bank in India are not insured by Federal Deposit Insurance Corporation (FDIC) of the U.S.A., nor by any other insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made. Under current U.S. tax laws, U.S. citizens and residents are subject to tax on their worldwide income. Deposits placed with HSBC India will not be covered under the Hong Kong Deposit Protection Scheme. If you are a resident in any other country, you should consult your tax advisor regarding the tax treatment of these deposits in your country of residence.