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Different Types Of NRI Savings Account

Opening an NRI bank account is as easy as 123 with Standard Chartered Bank.

NRE Savings Account

The Standard Chartered Non Resident External (NRE) account offers a powerful dual advantage. You can freely access your funds in Rupees while you are in India and you can convert the same funds into foreign currency and repatriate it abroad any time you wish.

NRE Savings Account

* FEATURES

Here are some of your exclusive benefits of having an NRE account:

Funds held in the account and interest earned on them are fully repatriable

Globally valid VISA Platinum Debit Card that offers:

Higher limits for ATM withdrawals & purchases.

Zero Fuel Surcharge across Petrol Pumps in India.

Exciting Discounts & offers on Dining.

No tax deduction at source on interest income

Free Anywhere Banking facility that allows you to transact in any · of our branches in India

Free Multicity Cheque Books that allow you to issue cheques drawn on any of our branches* across India

24 x 7 account access through Secure Internet Banking and · Phone banking

NRO Savings Account

As a Non- Resident Indian you may have income in India from rent, pension, dividends and other sources. We give you the option to conveniently deposit and manage local rupee funds through the Standard Chartered Non Resident Ordinary Account in Indian Rupees.

NRO Savings Account

* FEATURES

Here are some of your exclusive benefits of having an NRO account:

Interest earned on funds held in an NRO Savings account is fully repatriable (after tax). The dedicated relationship managers of your account would provide full assistance on repatriation of your NRO funds.

Free Anywhere Banking facility that allows you to transact in any of our branches in India

Free VISA Platinum Debit Card for your spends in India.

Free Multicity Cheque Books that allow you to issue cheques drawn on any of our branches* across India

Secure Net Banking facility, to view your account balances as well as conduct transactions

Free Phone Banking for 24/7 access to account

The facility of receiving your account statements on email absolutely free

NRE Employee Banking Account

The NRE Employee Banking account is an account offered to employees of Corporates in India who are based in overseas location.

NRE Employee Banking Account

 

* FEATURES

No minimum balance requirement

Free employee banking platinum cards

Free cash withdrawals in any VISA ATM in India

Preferential Forex conversion rates

 

Insta account opening facility available

24 x 7 account access through Secure Internet Banking and Phone banking

No tax deduction at source on interest income

Accounts for Returning Indians – RFC Savings Account

 

The RFC accounts offer the best solution for NRI’s returning to India. These accounts allow you to hold foreign currency even on your return. You have the option of maintaining the RFC accounts in the form of a Savings or a Term Deposit Account.

 

RFC Savings Account

Standard Chartered Bank’s RFC Savings account is ideal for NRI’s like you, if you have returned to India and need an account to maintain your funds in foreign currency.

 * FEATURES

Currency options: USD, GBP EUR, JPY & AUD.

You can remit funds in any convertible currency; the funds will be converted to the above currencies based on your choice.

Balances & Interest earned is fully repatriable

NRI 3 in 1 Account

 

NRI 3 in 1 Account is an efficient combination of a Savings Bank Account from Standard Chartered Bank with a Demat and Trading Account with Standard Chartered Securities India (SCSI). The account offers the flexibility to open an NRE Portfolio Investment Scheme (PIS) Account, 3 in 1 NRE Savings Account, 3 in 1 NRO Savings Account using a single account opening form.

 

NRI 3 in 1 Account

YOU CAN NOW OPEN AN NRE PIS SAVINGS ACCOUNT AND ENJOY THE BENEFITS: 

 Free any where banking facility that allows you to transact from any Standard Chartered Bank branch in India

Globally valid Visa Platinum Debit card that offers:
○ Higher limits for ATM withdrawals & purchases
○ Zero Fuel Surcharge across Petrol pumps in India
○ Exciting Discounts & offers on Dining

Free multicity cheque book that allows you to issue cheques drawn on any of our branches across India.

Secure net banking facility to view your account as well as conduct transactions.

Free phone banking for 24X7 access to your account.Please Click to know more about the Demat and Trading Account.

Portfolio Investment Scheme (PIS) Account


You can now open an NRE PIS Savings Account and enjoy the benefits

 

 

Portfolio Investment Scheme (PIS) Account

* FEATURES

Seamless reporting to RBI and compliance of statutory regulations on customer’s behalf

Calculation of capital gains tax liability and issuance of tax deduction certificate based on the information furnished to the bank

Standing instruction facility for transfer of funds from linked NRE/NRO Savings Account in case of a shortfall in PIS Account towards share purchase

No cheque book/ATM card/Debit card would be issued for PIS Accounts

Please Click to know more about the Demat and Trading Account.