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