Non Resident Indian can open NRO Savings Account or designate / covert the existing Savings Account to NRO Savings Account upon becoming a Non Resident. NRO Saving Account can also be opened jointly with a Resident Indian. NRO accounts are used for depositing the local income such as rent, dividends or any other income generated in India.
Features / Facilities available
- NRO Saving Account can also be opened jointly with a resident Indian.
- Nomination facility available.
- Debit Card, Internet Banking, Transfer of funds within India thro RTGS/NEFT, Outward Remittance facilities available.