NRI Accounts

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Non Residents accounts are opened by Banks. NRI accounts can be

  • Rupee accounts
  • Foreign currency accounts


The NRE savings account to transfer Non-Residents earnings to India conveniently and securely. Can repatriate the funds held in the account along with the interest earned at any point in time without paying tax on the interest earned.

Features / Facilities available

  • Can appoint a mandate or authorise a person to operate the bank account
  • No tax payable on the interest earned in NRI account in India
  • Nomination facility available.
  • Debit Card, Internet Banking, Transfer of funds within India thro RTGS/NEFT, Outward Remittance facilities available.

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.

Interested in Opening an Account? Contact Us