loan-against-fd

FCNR deposits and FCNR leverage for UAE NRIs: how the strategy actually works

FCNR (Foreign Currency Non-Resident) deposits let UAE NRIs park AED or USD at Indian banks with no currency risk. Loans against FCNR allow leveraged investment in Indian property or equity. How FCNR works, current rates, and three worked examples of the FCNR leverage play — with the math, the risks, and who it actually suits.