Premium account for non-residents who want to remit funds to India and repatriate when required.
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
No TDS on Interest.
Balance together with interest is fully repatriable
FREE ATM VISA Debit Card accepted globally by major commercial establishments
FREE CUB Net Banking 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 and transferred to NRE/FCNR.
Funds can also be transferred from NRO subject to extant RBI guidelines from time to time.
Conversion of foreign currency into Indian Rupees or vice versa will attract GST as per GOI notification
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