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Non Resident (External) Account
An easy savings account for your foreign earned income
Key Features
Easy, safe and tax-free investment avenue for NRIs
An INR (₹) denominated account that allows Non Resident Indians (NRIs) to park their foreign income earned outside India
Interest and Principal are fully repatriable
Account can be held jointly with another NRI
Facility for joint ownership with Resident Indian Account holder on Former or Survivor basis
Facility for operation by a Power of Attorney Holder
Other Benefits
Eligibility
- Non Resident Individual of Indian Nationality or Indian Origin
- In case of Person of Indian Origin (PIO), if the nationality is of Pakistan or Bangladesh, a prior approval from Reserve Bank of India (RBI) will be required
- For list of Overseas (NOSTRO) Account details, click here
- For list of Foreign Exchange Branches (B Category), click here
- For US Patriot Act Certificate, click here
- For Frequently Asked Questions (FAQs), click here
