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hdfc nre fd advice delivered to US?

Posted: Thu Oct 11, 2007 2:29 am
by kallu
I recently opened a HDFC NRE/NRO savings account. The opening process was good especially since they have a postbox in NY so I didnt have to bear expensive courier charges.

I have opened up some FDs with them since then. However, they claim to send the FD advice by POST. I was wondering if anyone in US has FDs with them and have received the advice by post. I opened some last month and haven't received anything.

hdfc nre fd advice delivered to US?

Posted: Thu Oct 11, 2007 2:30 am
by kallu
BTW, ICICI does send the FD advice by post to US.

hdfc nre fd advice delivered to US?

Posted: Sat Oct 13, 2007 7:35 am
by kdc_blue
Yes, HDFC Bank sends statements via post. I have NRE and NRO a/c and I receive statements regularly from them

hdfc nre fd advice delivered to US?

Posted: Sat Oct 13, 2007 5:15 pm
by kallu
kdc_blue;50887Yes, HDFC Bank sends statements via post. I have NRE and NRO a/c and I receive statements regularly from them[/quote]

Thanks kdc_blue. How about hard copy of FD advice? My bank ( in UP ) isn't sending them to US. They asked me provide Indian address. It seems ICICI is better in this area.

hdfc nre fd advice delivered to US?

Posted: Sat Oct 13, 2007 6:19 pm
by Desi
Why do you need a hard copy? Is not your statement or a softcopy of transactions from online access sufficient?

hdfc nre fd advice delivered to US?

Posted: Sun Oct 14, 2007 3:44 am
by kallu
Desi;50917Why do you need a hard copy? Is not your statement or a softcopy of transactions from online access sufficient?[/quote]

You are right. In most cases, I wont need a paper copy. But, I thought all banks in India still give a paper copy. So, why should HDFC be any different? I guess I just want to protect myself from a scenario where there is a sox violation in their databases and someone accidentally deletes my row from the FD database :-p - then I am screwed

hdfc nre fd advice delivered to US?

Posted: Wed Oct 17, 2007 8:46 am
by sundarpn
Did you open FD with them? Their interest rate for what they call Cumulative Deposits seems good?

How do I go about opening one from the US?

thx

hdfc nre fd advice delivered to US?

Posted: Wed Oct 17, 2007 9:19 am
by kallu
sundarpn;51542Did you open FD with them? Their interest rate for what they call Cumulative Deposits seems good?

How do I go about opening one from the US?

thx[/quote]

I opened an NRE/NRO savings account with them. The online banking has many useful features. One of the features is 'open a new fd'