HSBC

Dear Customer,

At HSBC India NRI Services, we understand that you are miles away from home. But why should that stop you from making the most of the opportunities that await you back home? You can get attractive interest rates¹ with NRO Fixed Deposits² from HSBC India.

An NRO Fixed Deposit with us, lets you;

	Earn attractive interest rates¹.

	Choose from a wide range of tenures from 7 days to 5 years.

	Get an overdraft³ facility against your NRO Fixed Deposits at just 2% over the deposit rate⁴ with our SmartMoney Facility.


To make your NRO fixed deposits even more rewarding, when you place an NRO deposit of INR 50,000⁵ or above before 31st October 2010, you get an e-voucher for 2 Free Hindi movie downloads from bigflix.com

If you’re an existing customer send a letter of instruction to HSBC India through the NRI Centre in your country of residence. Click here for the list of NR centres.

Place your NRO Fixed Deposit online, through HSBC’s Internet Banking. If you are not registered for HSBC’s Internet Banking, log on to www.hsbc.co.in and get more details.

Please submit a request to place a NRO Fixed Deposit by calling the NRI contact centres. Click here for NRI contact centre numbers.

To view current rates of interest¹ and range of tenures, click here.

Book your NRO Fixed deposit today and enjoy the fabulous offer.

Yours truly,

Rajesh Iyer
Head - Marketing
Personal Financial Services

**Click here to know the Terms and Conditions of the offer.

Issued by The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India). Incorporated in Hong Kong SAR with limited liability.

Important Information:

¹Interest rates are subject to change. Please check the applicable interest rate and Account Rules on HSBC NRO Fixed Deposit displayed at HSBC Branches in India or visit our website www.hsbc.co.in before placing a fixed deposit.

²Minimum deposit required is INR 10,000. Interest earned is subject to Income Tax deduction at source. Tax Deduction at Source, when due and applicable will be deducted in accordance with the provisions of the Income Tax Act, 1961 and the Rules there under as in force. Such TDS shall be recovered from saving / current / demand deposit a/c(s). Please contact our branch and submit the necessary documents in case lower TDS applies as provided by the relevant tax treaties. These documents should be submitted along with the Account Opening Form and also before the start of each new financial year. The bank reserves its right to reject any such claims. Hence any claim for refund of TDS will lie directly with the Government of India and the bank will not be liable in any manner.

³Overdraft available at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Terms and Conditions apply.

⁴Interest on amount overdrawn will be charged at the rate of 2% over the weighted average of the interest rates applicable to the linked fixed deposits subject 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.

⁵Pan card is mandatory for NRO fixed deposits booked for INR.50,000 and above.
The minimum value of the NRO Fixed Deposit placed under this offer should be INR 50,000 in order to qualify for the gift, 2 free Hindi movie downloads . However, please note that an NRO Fixed Deposit can also be booked for a minimum of INR 10,000. For more details, visit our website www.hsbc.co.in before placing a fixed deposit.

NRI deposits are under the Reserve Bank of India programme for Non-Resident Indians and are governed 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. NRI deposits/accounts are held with The Hongkong and Shanghai Banking Corporation Limited, India (HSBC India), and are not insured by any insurance company or corporation outside India and are payable only at the branch of the Bank in India where the deposit is made.

NR accounts and NRI Services are offered by The Hongkong and Shanghai Banking Corporation Limited in India (HSBC India) under the Reserve Bank of India Non-Resident Indian Program.

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. You should consult your tax advisor for the U.S. treatment of income from these deposits.

NRI Services are provided by HSBC India. HSBC India is the branch of The Hongkong and Shanghai Banking Corporation Limited and HSBC India is not regulated in Canada. NR deposits with the Bank in India are not insured by Canadian Deposit Insurance Corporation (CDIC), 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. You should consult your tax advisor for the Canada treatment of income from these deposits.

We remind UK citizens and UK residents that deposits with HSBC India are not subject to the rules made under the Financial Services and Markets Act 2000 for the protection of private customers, including the Financial Services Compensation Scheme.

For Residents within Kingdom of Bahrain we remind you that deposits made with HSBC India do not benefit from the protection provided under the Deposit Protection Scheme established by the Central Bank of Bahrain regulation concerning the establishment of a Deposit Protection Scheme and a Deposit Protection Board.

Deposits / accounts held with HSBC India are neither protected by the Hong Kong Deposit Protection Scheme nor the Hong Kong SAR Government’s Exchange Fund.

Approved for issue in the UK by HSBC Bank plc.

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