6.05%* Annualized Yield
on Fixed Deposits
Experienced wealth management specialists
Remote account opening from anywhere in the world
Preferential rates on remittances to India
Emergency medical assistance for your loved ones in India
*Annualized Yield for 2 years at 5.75% simple interest p.a., compounded quarterly. T&Cs apply.
Deposit your USD, GBP, SGD, EUR, or other foreign currency earnings in your NRE Savings Account. The sums deposits are converted to INR at the applicable foreign exchange rate. You can wholly repatriate your NRE account deposits in India or abroad and earn interest rates of up to 3% of your deposits. The interest income on NRE account deposits is tax-free in India.
Deposit foreign currencies and INR into NRO Savings Account. Manage your income sources and expenses in India, including rental income, income from shares, dividends, and other investments and pay your insurance premiums, loan EMIs, and utility bills conveniently.
Open your NRI account online from your country of residence or offline when you visit India. Submit a duly filled account opening form along with documents such as your ID and address proof in India and abroad. Get your documents attested from the Indian Embassy in your country of residence or your local bank abroad. You can also visit the DBS Treasures website and fill a basic form and our relationship manager will assist you with the account opening.
Manage your NRI accounts online from any corner of the world and get access to a world of DBS signature experiences and unmatched privileges with your DBS Treasures NRI Accounts.
Yes, you can. While you can open NRE accounts jointly only with another NRI, the joint holder on an NRO account can be a Resident Indian or an NRI.
You can repatriate the funds from your NRE account to a foreign account, but repatriation is not permitted from NRO accounts to a foreign account.
A PoA holder would have limited control. They can only issue cheques in INR for legitimate local payments from your NRI account.