:::::City Union Bank is now available on WHATSAPP. Send a message ''HI''to 04471225000 to know more.:::::Introduced Mobile banking for Corporate Customer.To download ''CUB Corp'' app visit https://bit.ly/2XBzEsF.:::::Dear Customer, Now DigitalSignature feature in our corporate Netbanking is browser independent and you can do transactions in Windows, Macbook and android Mobile.::::During ourdaily End of Day activities at midnight, there may be some interruption in financial transactions. Regret for inconvenience.::::Corporate netbanking users are requested to have multiple level ofapprovers to complete your netbanking transactions. Contact our customercare for more details 044-71225000.Kindly ignore if already have.:::::We have enabled Bulk NEFT option for Corporate Net banking customers those who registered Digital Signature.            COVID-19 Precatutions: "Wear Mask, Wash Hands with Soap / Sanitizer Frequently and Keep Social Distancing". Stay Home Stay Safe     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 to download 'CUB Easy'                 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                

NRI Recurring Deposit (NRO)

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
  • 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 is taxable
  • 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 service tax 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.
  • Click here for modes of remittances to remit funds
  • For queries, contact us - nri@cityunionbank.com
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