You work hard for your money - now make it work for you and your family, in India.
The NRI Account(RCA) empowers you to manage your funds from anywhere in the world. Transfer money, invest in your family's future, and meet your financial obligations. Our unmatched services are fast, reliable, and secure.
Your NRI Account can be -
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NRE Type |
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Funded by both foreign currency and proceeds generated in India |
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Funded only with foreign currency, or transfers from a repatriable account |
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Non-repatriable principal, cannot be accessed outside India |
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Fully repatriable funds, can be accessed anywhere with your ATM card, in appropriate currency |
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Can be held jointly with a resident Indian, or an NRI |
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Can be held jointly with another NRI only |
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Interest subject to Indian Income Tax |
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NRI Rupee Checking Account – Features
- Fast, secure money transfer to India*
- Mandate card facility - authorize a family member back home to operate your account, with an ATM card and check book
- Your nominee has 24-hour access to cash from 7500+ ATMs at over 200 locations in India
- Demand drafts issued and delivered to over 700 locations in India within 72 hours*
- Access your RCA online, anywhere in the world
- Account alert via e-mail and mobile phone
Benefits for NRIs
- Instant transfer of funds online to any bank in India (banks with EFT/SEFT clearing systems)
- Unique, shared account gives your family 24-hour access to funds, instantly
- Rupee Checking Account facilitates movement of your funds to India - empowering you to make investments and secure your family's future
NRI banking and wealth management has never been easier. Get a NRI RCA today! |