New Delhi, Jan. 2 -- A calm, steady plan often beats the chase for the next big idea. For many NRIs, the NRE fixed deposit does that job. It brings clarity to savings, keeps things simple, and supports goals without fuss. Used thoughtfully, an NRE deposit can anchor your savings in India.

An NRE fixed deposit is a time-bound placement of your foreign income in India, maintained in rupees. It sits alongside an NRE savings account, which holds day-to-day balances and enables transfers. Together, they help you park funds, plan for needs in India, and move money when required. Banks like IDFC FIRST Bank offer both NRE savings accounts and NRE fixed deposits, making it easier to manage inflows and long-term allocations in one place.

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