A deposit plan that provides standard banking facilities such as Cheque book, provision for nomination and other remittance facilities and also allows repatriation of entire funds.
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Account can be opened through instruments such as Demand Drafts, Wire transfers etc. in freely convertible currencies.
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Account can also be opened by tendering Foreign Currency Notes,Travelers Cheques etc during your personal visit to India.
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Local Rupee Cheques (drawn in India) etc. & cash in Rupees cannot be deposited in this account.
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The Account can be opened jointly with other NRIs
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Minimum deposit of Rs. 1000 and Average Quarterly Balance of Rs. 2500 only
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Entire Funds including interests are fully repatriable.
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Offers remittance facilities through RTGS and NEFT within India and through SWIFT to outside India.
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Nomination Facility available
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Personal Cheque Book Facility with cheques payable on all Anywhere Branches of the bank.
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Interest payable at half yearly basis (September & March).
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The principal and interest earned is fully tax exempted.
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Internet Banking facility for viewing account statements and funds transfer.
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Free Global Access Debit Card to account holder or for his assigned holder
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Account Operations allowed through Letter of Mandate or POA holder in India.
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Safe Deposit Locker facility available.
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Free Monthly Statements over e-mail.
(Conditions Apply)