About Cosmo FCNR (B) Premium
The Cosmo FCNR (B) Premium account is a term deposit account which is provided for NRIs and PIOs who reside in foreign countries. The account is maintained by the customer in foreign currency. Since this is a Premium account, the users facilitate from a special feature of obtaining higher returns as compared to the regular account users. A minimum deposit amount of USD 10000 or its equivalent in Euro, YEN & Equivalent GBP has to be maintained by the user.