NRI Bank Accounts in India

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17of 17 profiles shown

Axis BankSavings account

Axis Bank NRI Prime Savings Account

Axis Bank's NRI Prime savings programme covering NREPM and NROPM states under one tariff, with ₹25,000 MAB or ₹1 lakh term-deposit alternative and different debit-card variants/limits for NRE versus NRO.

First-party checked2 bank sourcesReviewed September 9, 2026

Balance rule₹25,000 monthly average balance or ₹1 lakh term deposit under the current NRI Prime schedule, calculated across qualifying savings/current relationships under the same customer ID as described by the bank.

Best fitNRIs who prefer one Axis relationship programme spanning NRE/NRO needs and can maintain ₹25,000 MAB or the stated term-deposit alternative.

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Federal BankSavings account

Federal Bank Fed NRE SB Online

Federal Bank's online NRE savings account with ₹5,000 AMB and an explicitly named Visa Signet Platinum International Debit Card carrying account-specific ₹50,000 ATM and ₹3 lakh shopping limits.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleAverage Monthly Balance ₹5,000 under the reviewed Fed NRE/NRO SB Online page.

Best fitDigitally comfortable NRI customers who want a modest ₹5,000 AMB and an explicitly documented international debit-card relationship.

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Federal BankSavings account

Federal Bank Fed NRO SB Online

Federal Bank's online NRO savings account with ₹5,000 AMB and an explicitly named Mastercard Crown Domestic Debit Card; the account page publishes a relationship-specific ₹2.5 lakh shopping limit.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleAverage Monthly Balance ₹5,000 under the reviewed Fed NRE/NRO SB Online page.

Best fitNRI customers managing Indian-source rupee funds who want Federal's digital channels, modest AMB and a clearly named domestic debit-card relationship.

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HDFC BankSavings account

HDFC Bank NRE Savings Account

HDFC Bank's rupee-denominated NRE savings account for overseas earnings, with freely repatriable funds, Indian tax-exempt interest under the current NRE treatment and an international debit-card proposition.

First-party checked2 bank sourcesReviewed September 9, 2026

Balance ruleRegular NRE/NRO: metro/urban AMB ₹10,000 or ₹1 lakh FD; semi-urban AMB ₹5,000 or ₹50,000 FD; rural AQB ₹2,500 or ₹25,000 FD under the reviewed fee schedule.

Best fitNRIs or eligible persons of Indian origin who want to remit foreign earnings to India while retaining broad repatriability and international debit-card access.

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HDFC BankSavings account

HDFC Bank NRO Savings Account

HDFC Bank's NRO savings account for Indian-source income, with domestic debit-card access and outward remittance under current-income or the applicable USD 1 million framework.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleRegular NRE/NRO: metro/urban AMB ₹10,000 or ₹1 lakh FD; semi-urban AMB ₹5,000 or ₹50,000 FD; rural AQB ₹2,500 or ₹25,000 FD under the reviewed fee schedule.

Best fitNRIs/PIOs who need to receive and manage rent, pension, dividends or other Indian income and do not need NRE-style unrestricted repatriability.

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ICICI BankSavings account

ICICI Bank NRE Savings Account

ICICI Bank's NRE savings state for overseas income, with fully repatriable principal/interest, current ₹15,000 NRI Savings MAB and an NRI debit-card relationship that can be enabled for worldwide use.

First-party checked4 bank sourcesReviewed September 9, 2026

Balance rule₹15,000 monthly average balance under the reviewed current NRI Savings page/terms, maintained under the same customer ID.

Best fitNRIs who want to remit overseas savings into INR, retain broad repatriability and use ICICI's NRI debit-card/digital-banking ecosystem.

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ICICI BankSavings account

ICICI Bank NRO Savings Account

ICICI Bank's NRO savings state for Indian-source income, with current ₹15,000 NRI Savings MAB, Indian tax treatment and an NRI debit card restricted to domestic use when linked to NRO.

First-party checked5 bank sourcesReviewed September 9, 2026

Balance rule₹15,000 monthly average balance under the reviewed current NRI Savings page/terms, maintained under the same customer ID.

Best fitNRIs managing rent, pension, dividends, Indian salary or other Indian receipts who want ICICI digital access and understand the NRO remittance/documentation framework.

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IndusInd BankSavings account

IndusInd Bank NRE Regular Savings Account

IndusInd Bank's regular NRE savings account with ₹10,000 AQB at A/B-category branches or ₹5,000 at C/rural branches, international debit-card access and fully repatriable principal/interest.

First-party checked2 bank sourcesReviewed September 9, 2026

Balance rule₹10,000 AQB at A & B category branches; ₹5,000 AQB at C & rural category branches.

Best fitNRIs wanting a mainstream IndusInd NRE relationship with a relatively modest branch-category balance requirement and international debit access.

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IndusInd BankSavings account

IndusInd Bank NRO Regular Savings Account

IndusInd Bank's regular NRO savings account with ₹10,000 AQB at A/B-category branches or ₹5,000 at C/rural branches, domestic debit-card access and Indian-source-income positioning.

First-party checked2 bank sourcesReviewed September 9, 2026

Balance rule₹10,000 AQB at A & B category branches; ₹5,000 AQB at C & rural category branches.

Best fitNRIs managing Indian-source receipts who want IndusInd digital banking and can maintain the branch-category AQB.

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Kotak Mahindra BankSavings account

Kotak Bank NRE Rupee Savings Account

Kotak Bank's regular NRE rupee savings account with ₹10,000 opening funding and ₹10,000 AMB, fully repatriable principal/interest and international debit-card access described at the account level.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance rule₹10,000 minimum opening amount and ₹10,000 Average Monthly Balance on the reviewed NRE product page; the current NRI GSFC independently lists ₹10,000 AMB for regular NRE/NRO savings.

Best fitNRIs who want a conventional Kotak NRE relationship for overseas earnings and are comfortable maintaining a ₹10,000 monthly average balance.

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Kotak Mahindra BankSavings account

Kotak Bank NRO Rupee Savings Account

Kotak Bank's regular NRO rupee savings account with ₹10,000 opening funding and ₹10,000 AMB for Indian-source income, taxable interest and the applicable NRO outward-remittance framework.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance rule₹10,000 minimum opening amount and ₹10,000 Average Monthly Balance on the reviewed NRO product page; the current NRI GSFC also lists ₹10,000 AMB for regular NRE/NRO savings.

Best fitNRIs managing rent, pension, dividends, sale proceeds or other legitimate Indian-source rupee receipts through Kotak.

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Punjab National BankSavings account

PNB Global Prime Account (NRE & NRO)

PNB's premium NRI savings relationship for NRE and NRO customers, with nil initial deposit, ₹5 lakh monthly average balance, waived debit-card joining/AMC and an explicitly linked Global Prime Master World Card.

First-party checked4 bank sourcesReviewed September 9, 2026

Balance rule₹5 lakh monthly average balance in the savings account under the reviewed PNB Global Prime NRE/NRO bulletin.

Best fitHigher-balance PNB NRI customers who can maintain ₹5 lakh MAB and will use premium card, remittance, locker and airport-service benefits.

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Punjab National BankSavings account

Punjab National Bank NRE Savings Account

PNB's NRE savings state for overseas earnings, with INR denomination, fully repatriable principal/interest, tax-exempt interest under current bank guidance and debit-card/internet-banking availability on request.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleNo dedicated NRE savings MAB is stated on the reviewed NRE product page; current application/tariff terms should control.

Best fitNRIs/PIOs/OCIs who want a public-sector NRE account and prefer PNB's branch/NRI service network.

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Punjab National BankSavings account

Punjab National Bank NRO Savings Account

PNB's NRO savings state for legitimate Indian-source income, with taxable interest, INR denomination, internet banking and the applicable NRO outward-remittance framework.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleNo dedicated NRO savings MAB is stated on the reviewed NRO product page; verify the live NRI account schedule/application terms.

Best fitNRIs/PIOs/OCIs managing rent, pension, dividends, sale proceeds and other legitimate Indian rupee receipts through a public-sector bank.

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State Bank of IndiaSavings account

SBI NRE Savings Bank Account

SBI's rupee-denominated NRE savings relationship for foreign earnings, with full repatriability of principal and interest and digital NRI onboarding through YONO for eligible new-to-bank customers.

First-party checked4 bank sourcesReviewed September 9, 2026

Balance ruleYONO says an NRE/NRO account can be opened with zero balance; the reviewed NRI service-charge PDF separately lists ₹3,000 MAB metro/urban, ₹2,000 semi-urban and ₹1,000 rural for NRE/NRO savings. The engine surfaces this source conflict instead of choosing the easier interpretation.

Best fitEligible NRIs/PIOs/OCIs who want an SBI NRE relationship for foreign earnings and value a large branch/digital network while being willing to confirm the live balance tariff at opening.

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State Bank of IndiaSavings account

SBI NRO Savings Bank Account

SBI's NRO account for India-based current income, with domestic debit-card access and outward remittance subject to the applicable USD 1 million annual framework and documentation.

First-party checked4 bank sourcesReviewed September 9, 2026

Balance ruleYONO says NRE/NRO can be opened with zero balance; SBI's NRI service-charge PDF separately lists ₹3,000 MAB metro/urban, ₹2,000 semi-urban and ₹1,000 rural, and Personal Banking Branches can apply higher total relationship expectations. This disagreement is disclosed rather than normalized.

Best fitNon-residents who receive Indian income and want SBI branch/digital access while accepting NRO tax/repatriation rules and verifying SBI's currently conflicting balance wording.

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YES BANKSavings account

YES BANK NRI Premia Savings Relationship

YES BANK's NRI savings service layer includes YES Premia alongside YES First and YES Grandeur; the current Premia programme criteria use relationship value rather than redefining NRE/NRO regulatory treatment.

First-party checked3 bank sourcesReviewed September 9, 2026

Balance ruleProgramme qualification: ₹2 lakh CASA AMB or ₹10 lakh NRV under current YES Premia terms; family relationship aggregation can apply. This is a programme criterion, not an NRE/NRO regulatory minimum.

Best fitHigher-balance NRI customers who want a relationship-led YES BANK savings proposition and can meet Premia programme criteria while keeping their NRE and NRO purposes separate.

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How to compare

Check the terms that can change the decision.

Category membership alone does not make products interchangeable. Recheck the bank's current controlling agreement, tariff or effective-rate table before acting.

Choose the account state first

NRE and NRO are different regulatory account states. Start with where the money is earned, permitted credits and whether you need unrestricted or conditional repatriation.

Repatriability is not a marketing perk

NRE principal/interest and NRO remittance operate under different RBI/FEMA frameworks; keep the account state attached to every comparison rather than treating a USD limit as an ordinary transfer allowance.

Tax treatment is account-specific

NRE interest is generally tax-exempt in India while NRO interest is taxable under applicable law. Treaty, residency and documentation can change withholding, so the site avoids hard-coding stale tax percentages.

Opening balance is not ongoing MAB

A bank can allow zero-balance opening while a tariff separately lists an ongoing MAB or relationship requirement. Source conflicts are exposed and the live KFS/application terms control.

Card geography matters

An NRE-linked card may be international while an NRO-linked card can be domestic-only. Publish the exact bank-named card variant and relationship-specific limits when available.

Residency changes trigger re-designation

Resident accounts generally cannot simply continue unchanged after the holder becomes non-resident, and NRE/NRO accounts need appropriate re-designation when residency status changes again.

Maintained comparisons

Head-to-head research where the trade-off is meaningful.

Pairs are curated rather than generated automatically. Each product retains its own conditions, dates and evidence.

HDFC BankHDFC Bank NRE Savings AccountHDFC BankHDFC Bank NRO Savings AccountOpen comparison