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NRI Save

Choose from a range of banking accounts for our Non Resident Customers (NRIs)

Different Types Of NRI Savings Account

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

NRE Savings Account

NRO Savings Account

NRE Employee Banking Account

Accounts for Returning Indians – RFC Savings Account

NRI 3 in 1 Account

Portfolio Investment Scheme (PIS) Account

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
    • 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
    • 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
      •  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.

      • 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
      •  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
      • 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.

NRI Savings Account

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