SAMARTH PRAVASI

With convenience & complete security, manage your overseas earnings with a bank that offers you a host of services like high interest rate, monthly interest payouts and many more. Now, feel at home with AU Small Finance Bank’ Savings Account for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). SAMARTH PRAVASI delivers the best-in-class conveniences to you while you enjoy a hassle-free banking experience.

Service Package

Both, the NRO and NRE Samarth Pravasi Savings Accounts are available in the, already upgraded, ‘Maximum’ service package. For further details on NRO and NRE accounts, please refer the next section on ‘NRE and NRO SAMARTH PRAVASI ACCOUNTS’. For the detailed set of features offered, please refer the Schedule of Charges (SOC) of Samarth Pravasi Savings Account CLICK HERE.

NRO & NRE Samarth Pravasi Accounts

Non-Resident External (NRE) account:

  • In this account, you can only deposit foreign income earned outside India
  • You can maintain the NRE Savings Account in Indian Rupees
  • Interest earned is non-taxable
  • Full repatriability of your funds
  • Usage of funds is as per the list of permissible transactions, as defined by RBI

Non-Resident Ordinary (NRO) account:

  • In this account, you can only deposit your rupee funds from income earned in India
  • You can maintain the NRO Savings Account in Indian Rupees
  • Tax Deducted at Source (TDS) is applicable on interest earned. Double Taxation Avoidance Agreement (DTAA) applicable on interest income
  • Partial repatriability of funds
  • Usage of funds is as per the list of permissible transactions, as defined by RBI
Special Benefits

Mentioned below are the special privileges offered with Samarth Pravasi Savings Account

  • Enjoy transacting with the NRO RuPay Platinum Debit Card & avail a host of privileges, offers & features
  • Avail multiple Insurance benefits & other features with your Debit Card. To view all offers and features of the Debit card, please CLICK HERE.
  • Mandate Holder Facility available
  • Free Unlimited Cash Withdrawal at branches
Added Advantages
  • Get a Privileged experience across our strong and rapidly growing branch & ATM network spread across 10 states.
  • 24 x 7 True Anywhere Banking through our Phone Banking, Mobile Banking and Internet Banking services.
  • Extended Banking hours to enhance your AU Banking experience.
  • Convenience personified as no Deposit Slips required.
  • Avail the Demand Draft, NEFT, RTGS, IMPS & Funds Transfer facilities, for added convenience.
  • Transact with the NRO RuPay Platinum Debit Card and avail a variety of offers.
  • Your Debit Card also comes to you with a host of added Insurance benefits. To view all offers and features of the Debit card, please CLICK HERE.
  • Multiply your money and get higher interest & monthly interest pay-out in your Savings Account
Top 3 Features

Higher Interest Rates:

Earn more with higher balances in your NRO & NRE Savings Account. For applicable Savings Account Interest Rates, please CLICK HERE

Monthly Interest Payout:

Multiply your money with Monthly Interest Payout in your NRO & NRE Savings Account

Conveniences:

Courier pick-up facilities and Tax Advisory services, offered through our empanelled partners, to add to your Banking experience