FREE ATM Rupay Debit Card accepted by major commercial establishments in India NRI Savings Account (NRO)
    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 Savings Account (NRO)

CUB's NRO account offers a range of services FREE of cost - including remittances from abroad

  • Account can be opened jointly with a Non Resident or Resident
  • Joint Account can be opened with a resident in India on Former or Survivor Basis
  • FREE ATM Rupay Debit Card accepted by major commercial establishments in India
  • FREE CUB Net Bnaking All in One App to enjoy the convenience of online transactions
  • NO SERVICE CHARGES for inward remittances from abroad
  • Interest earned on the account is taxable
  • Balance 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
  • Local receipts like rent, dividend, interest; receipts on account of sale of property in India etc., can be credited to this account
  • Funds can be transferred from NRO / 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 current interest rate for NRO Savings
  • Click here for Modes of remittances to remit funds
  • For queries, contact us - nri@cityunionbank.com
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