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NRO Savings Account

Features & Benefits of NRO Savings Account

About NRO Savings Account

    • Safe place to park your Indian Earnings while you are abroad with attractive interest & host of services
    • Earn highest interest of up to 7.25%* with NRO savings

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Q1. What is a NRO Savings account?

An NRO Savings account is a savings held by NRIs in India to manage their income earned in India. Account holders can deposit and manage their accumulated rupee funds without any hassle. The account allows you to receive funds in Indian or Foreign currency.

Q2. Whats is the eligibility criteria to open an NRO Savings Account?

Any Indian Individuals with Non-Resident Status can open NRO Savings account after completion of prescribed KYC norms of the bank

Q3. What is the Process of Account Opening?

Face to Face & Non – Face to face (No mandate holder allowed in Non-Face to Face mode) account opening process.

Q4. Do you have an Inward remittances facility?

Yes, it is available. Click here to check Inward Rates & Process to remit funds.

Q5. What are the documents required to open an account?

As per the KYC norms of the bank.

Q6. What is the frequency of interest pay out?

Interest will be accrued on a daily basis based on the end of the day closing balances & credited to customers account at the end of every month.

Q7. What is the interest rate?

To know interest rate, click here