NRE Rupee Current Account - Accounts & Deposits - NRI Products - Personal Banking - Kotak Bank

NRE Rupee Current Account - Accounts & Deposits - NRI Products - Personal Banking - Kotak Bank

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NRE Rupee Current Account

Explore an Indian Rupee Current Account for you to deposit your income earned from foreign sources.

Low Average Monthly Balance of Rs. 25,000/- only

Easy and Economical Remittances into India by Cheque or Wire Transfer or Click2Remit

Preferential Forex rate for transaction above USD 10,000/- or equivalent

Personalized investment advisory customized to risk return

Other Features

Fully and freely repatriable deposit (both principal and interest)
Global Debit Card allows access to your bank account anytime, anywhere on all VISA ATMs and at merchant locations both in India and abroad
At Par Cheque book along with 24/7 access through phone banking
Net Banking allows you to access account from across geography as per your time zone and convenience to carry out banking transaction from transfer of payment, book term deposit to payment of credit card and utility bills in India
Home banking services in India
It can be jointly opened by NRIs/PIOs only. However, the same be opened jointly with Resident Indian on former or survivor basis

Disclaimers

*Subject to nominal foreign currency conversion charges.

Frequently Asked Questions

In which currency is my NRE current account maintained?

Your NRE current account will be maintained in Indian Rupees.

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Can I repatriate funds held in my NRE current account?

Yes, the funds held in your current account are fully and freely repatriable.

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What is the minimum amount required to open NRE current account?

The minimum amount required to open NRE current account is Rs. 25,000/- or its equivalent in foreign currency. You would be required to maintain an Average Monthly Balance of Rs. 25,000/- only.

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How is average monthly balance (AMB) calculated?

Average monthly balance is the sum of daily closing balance of all the calendar days in a month divided by the number of days in that month.

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Can I have a joint account holder in my NRE current account?

Yes, you can open NRE current account jointly with Non Resident Indians / Person of Indian Origin.

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