Rupee Savings Account Features - NRE Saving Account

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NRE Rupee Savings Account

Explore a simple and smart way to move your foreign earned funds to India without paying any tax on interest.

Low Average Quarterly Balance of Rs. 10,000/- 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

Fully and freely repatriable deposit (both principal and Interest)
Interest is earned on daily closing balance on your savings account at 3.5% p.a. and is paid on quarterly basis
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
2 Way Sweep provides a dual opportunity to earn higher interest and manage cash flow at the same time
The principal amount and the interest earned on an NRE Account are exempt from Income Tax 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

*Subject to nominal foreign currency conversion charges.