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Interest earned on funds held in an NRO Savings account is fully repatriable (after tax). The dedicated relationship managers of your account would provide full assistance on repatriation of your NRO funds. |
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Free Anywhere Banking facility that allows you to transact in any of our 81 branches in India
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Free ATM Card. |
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Free Multicity Cheque Books that allow you to issue cheques drawn on any of our 81 branches across India. |
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Secure Net Banking facility, to view your account balances as well as conduct transactions. |
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Free Phone Banking for 24/7 access to account. |
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The facility of receiving your account statements on email absolutely free. |
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Other features |
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| You have the option of maintaining the NRO
account in the form of a Current, Savings or a Term Deposit
Account. |
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Initial funding:
Remittance from abroad or Legitimate dues in India like
Dividend, Interest and Rent income. |
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Interest subject to Tax Deduction at source. (Current rate of 30% plus applicable cess & surcharge @10% if taxable income exceeds INR 10 Lakhs) |
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Joint account
option with Residents as well as Non Residents. |
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| For NRO Interest Rates
click here |
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| How do I
apply? |
| You can open an NRI account with the assistance of any of our NRI Centres located across the world. Click on the list of NRI Centers. In case you are located in a place where we do not have an NRI
Centre, you can write to us and we will assist you in opening
your account. |
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| To apply for an account, download the
Application Form (PDF) and submit it with the required documents to your nearest
branch. |
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FAQs |
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