Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund   Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund

NRO Recurring Deposits – Interest rates upto 6.3% - NRI Banking

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CUB's NRI customers can open Recurring Deposit (RD) and transfer funds from NRO / NRE account.

  • Recurring Deposit can be opened for remitting fixed amount every month for a minimum period of one year and upto a maximum period of 10 years
  • Deposit can be opened jointly with a Non - Resident or Resident
  • Joint Account with a Resident in India on Former or Survivor Basis
  • Interest earned on the account will be subject to TDS.
  • Principal together with interest can be remitted outside India or can be credited to NRE Account upto USD 1 Million per financial year subject to production of undertaking by the remitter and certificate from a Chartered Accountant
  • NO SERVICE CHARGES for inward remittances from abroad
  • Funds can be transferred from NRO / NRE account
  • Preclosure of deposit will attract penalty as per the Bank’s policy from time to time
  • Conversion of foreign currency into Indian Rupees or vice versa will attract GST as per GoI notification
  • Loan against the security of deposit can be obtained subject to RBI guidelines and Bank’s policy in force
  • Attractive interest rates
  • Click here to download opening form
  • Click here to know current interest rate for NRO Recurring Deposit.
  • For queries, contact us - nri@cityunionbank.com
Interest Rate and Charges
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Give your Savings an edge with higher interest rate.Get upto 4%* on your Savings Account Balances with CUB.Click for details       Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund   Dear Customer, We have launched Video KYC facility for New customers to open savings account at the convenience of their home. We would be glad to serve your Family & Friends who may wish to start banking with CUB.Click Here for Instant Account Openning                Click here for Instant e-PAN Home Page.        COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe         Dear Customer, Online ASBA is enabled in our Net/Mobile Banking.       Dear Customer, You can now submit Form 15G/H online through Net/Mobile banking.            City Union Bank, Employees & Board Members together made a humble contribution of Rs 2 Crs to support the Governments in the fight to eradicate Corona Virus pandemic: Rs 1 Cr to @PMcares & Rs 1 Cr to TN CM relief fund
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