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RBL Bank × Belong | Digital Fixed Deposits for NRIs and OCIs

RBL Bank has partnered with Belong (Betafront Financial Services Pvt Ltd), a regulated fintech platform for Non‑Resident Indians (NRIs), to offer USD Fixed Deposits through RBL Bank’s International Banking Unit (IBU) at GIFT City.

Belong is an investment platform that provides global Indians seamless access to financial products. As a licensed Payment Service Provider (PSP) under IFSCA, Belong enables secure, compliant, cross‑border transactions for NRIs and OCIs across 40+ countries.

This partnership positions RBL Bank among the early Indian banks to provide fully digital USD Fixed Deposits for NRIs, reinforcing its commitment to innovation in cross‑border banking. Belong’s platform facilitates end‑to‑end digital onboarding, transaction execution — making access to compliant investment products simple and transparent.

Together, RBL Bank and Belong are simplifying global banking for NRIs - combining robust banking infrastructure with a digital‑first experience, enabling customers to invest in USD Fixed Deposits with confidence and convenience.

Belong App - Key Features

Key Features:

  • 100% digital KYC

  • Short term FDs of 3-12 months

  • In-app instant investments & withdrawals

  • Invest & withdraw with foreign or NRE/NRO accounts

  • Safe from rupee depreciation

  • No tax in India

Eligibility Criteria:

  • Only available for NRIs and OCIs

  • Minimum investment USD 1,000