The Non Resident Ordinary (NRO) Current Account is an account opened in Indian Rupees and is an ideal way to route investments made out of Indian funds and earnings on investments in India. You can also use this account to credit dividends from your Indian investments and regular local payments. Interest on the account can be repatriated, after payment of the applicable taxes.

Benefits

• Free ATM card
• Free Internet banking, offering 24-hour access to your account
• Interest earned on funds held in an NRO Savings account is repatriable (after tax deduction) subject to certain norms which can be checked with your branch manager
• Nomination facility
• Free personalized payable at par cheque book which is honored across all our 72 branches locally
• Operation through a Mandate Holder facility Download Mandate Form (PDF)
• Any Branch Banking: Enjoy the convenience of banking at any of our branches seamlessly
• Monthly e mail statement of account
• Safe Deposit Locker at certain branches, for safety of your valuables and important documents while you are away

How do I fund my NRO Current Account?

• Funds transferred from abroad in a freely convertible foreign currency in an approved manner or from an existing NRE/FCNR Account held in other banks
• Directly remit the amount to us
• Tendering Foreign Currency notes/traveler's cheques brought in during your visit to India

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