Explore an Indian Rupee Current Account for you to deposit your income earned from foreign sources.
Low Average Monthly Balance of Rs. 25,000/- only
Easy and Economical Remittances into India by Cheque or Wire Transfer or Click2Remit
Preferential Forex rate for transaction above USD 10,000/- or equivalent
Personalized investment advisory customized to risk return
*Subject to nominal foreign currency conversion charges.
Your NRE current account will be maintained in Indian Rupees.
Yes, the funds held in your current account are fully and freely repatriable.
The minimum amount required to open NRE current account is Rs. 25,000/- or its equivalent in foreign currency. You would be required to maintain an Average Monthly Balance of Rs. 25,000/- only.
Average monthly balance is the sum of daily closing balance of all the calendar days in a month divided by the number of days in that month.