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You are here:Products & Services>India Offerings>Savings Account

You can choose from the following three types of accounts depending upon your need:

  • NRE Savings Account

The Non-Residential External (NRE) Savings Account is a convenient way to hold your foreign earnings that you send to India. Your deposit and the interest you earn on it are not taxed and are fully repatriable.

  • NRO Savings Account

A Non-Residential Ordinary (NRO) Savings Account means you can deposit and manage your rupee funds in India conveniently. It offers you promising returns on income that you earn in India. This account also offers an automatic fixed deposit service which means that if your balance is above Rs.15,000, we will pay a higher rate of interest as if it were a fixed deposit account. Interest you earn on funds is repatriable after tax.

 

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