NRI Banking — NRE, NRO & FCNR Accounts
Manage Your Indian Finances from Anywhere in the World
NRI Banking — NRE, NRO & FCNR Accounts
Manage Your Indian Finances from Anywhere in the World
What is this?
NRI banking products allow Non-Resident Indians (NRIs) and People of Indian Origin (PIOs) to maintain accounts in India. Three primary account types: NRE (Non-Resident External — tax-free, repatriable), NRO (Non-Resident Ordinary — for Indian income), and FCNR (Foreign Currency Non-Resident — held in foreign currency).
Available Variants
Key Benefits
Eligibility Criteria
Non-Resident Indians (NRIs) as per FEMA; Persons of Indian Origin (PIOs); Overseas Citizens of India (OCIs). Valid Indian passport; proof of NRI status (visa / employment documents abroad); foreign address proof.
Who Should Choose This?
- NRIs working abroad wanting to invest in India
- NRIs with Indian rental or dividend income (NRO)
- NRIs wanting foreign currency deposits in India (FCNR)
- Returning NRIs maintaining foreign currency (RFC)
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Browse all products →What is this?
NRI banking products allow Non-Resident Indians (NRIs) and People of Indian Origin (PIOs) to maintain accounts in India. Three primary account types: NRE (Non-Resident External — tax-free, repatriable), NRO (Non-Resident Ordinary — for Indian income), and FCNR (Foreign Currency Non-Resident — held in foreign currency).
Available Variants
Key Benefits
Eligibility Criteria
Non-Resident Indians (NRIs) as per FEMA; Persons of Indian Origin (PIOs); Overseas Citizens of India (OCIs). Valid Indian passport; proof of NRI status (visa / employment documents abroad); foreign address proof.
Who Should Choose This?
- NRIs working abroad wanting to invest in India
- NRIs with Indian rental or dividend income (NRO)
- NRIs wanting foreign currency deposits in India (FCNR)
- Returning NRIs maintaining foreign currency (RFC)