NRI Services

 

Let us call you

NRI Services - NRE & NRO Savings Account

DBS Bank offers you a power packed Savings Account with convenient features and charge-free NRI banking options. So now you can bank and transact without the stress of having fees levied on your transactions.

Visit our forms page or email us at customercareindia@dbs.com for more info including FAQs, statutory documents and application forms.

Non Resident External Savings Account (NRE) Non Resident Ordinary Savings Account (NRO)
Purpose
Meant for foreign exchange earned outside India and transferred to India. Meant to keep the money you earn or acquire in India before and after becoming an NRI.
Currency
Indian Rupees Indian Rupees
Minimum account opening amount
INR 10,000 (Urban) INR 10,000 (Urban)
INR 5,000 (Semi-Urban) INR 5,000 (Semi-Urban)
Interest Rate
To know latest interest rate. Click here To know latest interest rate. Click here
Repatriation Transferring money from India to foreign country
The Principal and interest earned are fully repatriable RBI allows repatriation only up to one million USD per financial year for bonafide purposes (e.g. education, medical expenses etc)
Taxation
Interest earned is exempt from tax (i.e tax-free) Interest is taxable under Indian income tax
Joint Account
This account can be held jointly with other
non-resident Indian(s).
This account can be held jointly with resident or
non-resident Indian(s).
Mandate holders
An Indian resident can be authorized to operate the account and is provided with an ATM card for the account An Indian resident can be authorized to operate the account and is provided with an ATM card for the account
  • Customer Feedback
  • Need Assistance?

Charge Schedules

Tariff for saving account

Banking Forms