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      NRI Savings Account (NRE)

      CUB offers most attractive rates on daily closing balances and inward remittances FREE of charges to its nre customers.

      • Account can be opened jointly with a Non Resident on Either or Survivor / Former or Survivor 
      • Account can also be opened jointly with a Resident close relative on Former or Survivor basis. The resident joint account holder can operate the account through a Power of Attorney granted by the NRI joint account holder 
      • Interest earned on the account is TAX FREE 
      • Balance together with interest is fully repatriable
      • FREE ATM VISA Debit Card accepted globally by major commercial establishments
      • FREE CUB Net to enjoy the convenience of online transactions
      • No service charges for inward remittances from abroad
      • Local receipts like rent, dividend, interest can be credited to the account subject to production of Chartered Accountant certificate
      • Funds can be transferred from NRE / FCNR Accounts
      • Conversion of foreign currency into Indian Rupees or vice versa will attract service tax as per GoI notification
      • Attractive rate on daily closing balances
      • Click here to download opening form
      • Click here to know how to open account
      • Click here to remit funds
      • Click here to know current interest rate
      • For queries, contact us - nri@cityunionbank.com