Find Best NRE Account

The Non-Resident External (NRE) account is Rupee denominated account that is opened with the purpose to facilitate the transfer of income received in a foreign country to India

Here are 10 options for you

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Axis Bank

The average minimum balance in an NRE Axis bank account is Rs. 10,000.
NRE deposit rates for Axis bank start from 6.75% for 1 year.
The account can be operated jointly by an Indian resident on behalf of the NRI.
The account can be managed easily through net banking

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NRE Interest Rate

6.75%

Minimum Amount

Rs. 10000

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Kotak Mahindra Bank

The average minimum balance of Kotak Mahindra bank NRE account is Rs. 10,000 monthly.
The interest rate starts from 4.60% for 1 year.
Internet banking and home banking are available in India.
The account can be opened jointly by NRIs and PIOs only

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NRE Interest Rate

5.15%

Minimum Amount

Rs. 10000

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Easy, Convenient & Fastest account opening

Apply for NRE Account with minimum documentations
Dedicated relationship officer for account opening and support
Up-to 4.75% Savings Interest & 6.5% on Fixed Deposits
Your funds upto 5Lakhs are insured by RBI

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NRE Interest Rate

6.25%

Minimum Amount

Rs. 10000

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ICICI Bank

The average minimum balance in an NRE account is Rs. 10,000.
The interest rate starts from 4.40% for 1 year.
Tax exemption and full repatriability of funds available in India.
Internet banking facility available for all.

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NRE Interest Rate

Minimum Amount

Rs. 10000

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SBI Bank

The average balance in a State Bank of India NRE account is: Rs. 1,00,000 in urban cities & Rs. 50,000 in rural areas
NRE account deposit rate starts from 4.90% for 1 year.
Internet banking facilities and international debit cards are available for all NRE account holders.

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NRE Interest Rate

Minimum Amount

Rs. 50000

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Bank of Baroda

The average minimum balance in an NRE Bank of Baroda account is Rs. 50,000 per quarter.
NRE deposit rates start from 4.90% for 1 year.
24-hour net banking facility available.
Tax exemption is available on the interest earned on NRE income.

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NRE Interest Rate

5.25%

Minimum Amount

Rs. 1000

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Apply for NRE account with SBNRI

Apply for NRE Account in trusted Bank with minimum documentations
Dedicated relationship officer for account opening and support
Up-to 4.75% Savings Interest & 6.5% on Fixed Deposits
Your funds upto 5Lakhs are insured by RBI

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NRE Interest Rate

6.25%

Minimum Amount

Rs. 10000

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HDFC Bank

The average balance in an HDFC NRE account is: Rs. 10,000 in urban cities & Rs. 5,000 in rural areas.
NRE account deposit rate starts from 4.90% for 1 year.
Internet banking facilities and international debit cards are available for all NRE account holders.

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NRE Interest Rate

5.19%

Minimum Amount

Rs. 10000

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Citibank

A minimum balance of Rs. 80,000 is to be maintained in the NRE account. Although the amount varies from country to country.
NRE account holders get a free platinum debit card.
Interest is computed on the basis of daily closing balance at 2.50% interest rate.

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NRE Interest Rate

3.5%

Minimum Amount

Rs. 80000

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RBL Bank

An average balance of Rs. 50,000 is to be maintained by account holders.
It is one of the best NRE savings accounts in terms of interest payment
International debit card, free SMS alert, internet banking services are available.

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NRE Interest Rate

6.5%

Minimum Amount

Rs. 50000

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