NRE Savinge Bank
NRE Savings Bank Account
A convenient savings account designed for Non-Resident Indians to manage eligible overseas income in India with secure access to banking and digital transaction facilities.
The NRE Savings Bank Account from The Peoples’ Urban Co-Operative Bank Ltd. is designed for Non-Resident Indians who wish to maintain their eligible foreign earnings in India through a convenient savings account.
The account enables customers to manage their day-to-day banking requirements while earning applicable interest on the available savings balance. It provides convenient access to funds for deposits, withdrawals, transfers and other permitted banking transactions.
Customers can also make use of available digital banking facilities for convenient account access and fund management. Repatriation of eligible funds is permitted subject to applicable FEMA, RBI and banking regulations.
Designed for NRIs
A dedicated savings account for Non-Resident Indians to maintain eligible foreign income in India.
Convenient Banking Access
Access your account through available banking and digital service channels for convenient day-to-day fund management.
Repatriation Facility
Eligible funds may be repatriated in accordance with applicable FEMA, RBI and banking regulations.
NRE Savings Bank Account Highlights
NRI Banking Facility • Interest on Savings Balance • Convenient Fund Transfers • Digital Banking Access • Nomination Facility • Repatriation of Eligible Funds
Ideal For
Non-Resident Indians who wish to maintain eligible overseas income in India while having convenient access to their funds for regular banking requirements.
Convenient Day-to-Day Banking
The account can be used for eligible deposits, withdrawals, fund transfers and other permitted banking transactions, helping NRI customers manage their financial requirements in India more conveniently.
Earn Interest on Savings
Earn interest on the eligible savings balance at the rate applicable to NRE Savings Bank Accounts from time to time, subject to the Bank's prevailing rules and regulatory guidelines.
Repatriation Facility
Eligible account balances and interest may be repatriated subject to applicable FEMA, RBI, tax and banking regulations prevailing at the time of the transaction.
Open an NRE Savings Bank Account
Contact or visit your nearest branch to know more about eligibility, account opening requirements, KYC documentation, minimum balance, applicable interest rates, repatriation requirements and other terms and conditions.