Open an NRO Fixed Deposit with IDFC FIRST Bank to earn stable returns on your India-based income. Enjoy flexible tenures, reliable interest payouts, and a secure way to grow your funds. An NRO (Non-Resident Ordinary) Fixed Deposit is a term deposit account that allows Non-Resident Indians (NRIs) to invest income earned in India—such as rent, dividends, pension. Operated in Indian Rupees, an NRO Fixed Deposit enables NRIs to earn attractive returns while keeping the funds secure and accessible. This type of deposit is especially useful for NRIs who want to grow their domestic income without the risks of market fluctuations.