Blogs - SBNRI

SBI Bahrain Branches: NRI Banking Services

Established in January 1977 as an Offshore Banking Unit, SBI Bahrain branch is now known as the Wholesale Banking Branch (WBB). The retail operations of State Bank of India Bahrain started on January 2, 2007. SBI Bahrain has a total customer base of over 20,000. The bank caters to the banking needs of individual as well as corporate customers through respective banking divisions. The NRI community can also visit SBI Bahrain branches for their banking needs.

Manoj Negi

August 14, 2023 · 5,267 views

ICICI Bank NRI Customer Care Services

ICICI Bank has a strong presence in India and continues to expand its footprints in international markets to cater to its Indian as well as non-resident customers. The Bank offers an array of products and services to non-resident customers such as NRI bank accounts, fixed deposits, and mutual funds, loans and insurance. NRI customers can contact ICICI Bank NRI customer care team to get information related to various products and get their queries resolved.

Manoj Negi

August 10, 2023 · 99,048 views

Difference Between ICICI NRE and NRO FD Accounts

ICICI Bank offers two types of rupee-denominated fixed deposit accounts for Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) i.e. NRE, NRO and FCNR fixed deposits. However, many NRIs don’t know the difference between NRE and NRO fixed deposit accounts. So here is the key analysis of ICICI NRE vs NRO FD accounts.

Manoj Negi

August 10, 2023 · 1,870 views

ICICI Bank NRE vs NRO Account: Which One Should I Choose?

When it comes to managing finances for NRIs, ICICI Bank offers two popular account options: NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts. Both accounts serve different purposes and cater to specific needs of NRIs. In this blog, we will provide an in-depth analysis of ICICI bank NRE vs NRO account.

Charu Dhasmana

August 9, 2023 · 34,112 views

Top 10 NRO and NRE Accounts in India 2023

NRO and NRE savings accounts enable NRIs to carry out financial transactions in India. An NRO or Non-Resident Ordinary account can be opened by NRIs to deposit the income they earn in India, such as rent, pension, dividends, and any other income sourced in India. NRE account, on the other hand, is a savings account that NRIs need to open to save and manage the money they earn in a foreign currency. Here are top 10 NRO and NRE accounts in India for saving their earnings sourced in India and abroad.

Manoj Negi

August 8, 2023 · 3,595 views

YES Bank NRE FD Rates: YES Bank NRI FD Interest Rates 2024

YES Bank is one of the largest private-sector banks in India with very lucrative NRI Fixed Deposit Schemes. The bank provides an array of opportunities such as NRE FD, NRO FD, FCNR Deposit and RFC Deposits. The interest rates for NRE FD go as high as 6.75%*. In this article, we will explore the YES Bank NRE FD Rates along with other NRI FD alternatives.

Manoj Negi

August 7, 2023 · 16,426 views

Yes Bank FCNR Rates 2023: Tax-Free NRI Investment

Yes Bank offers Foreign Currency Non-Resident (FCNR) deposits that allow non-resident Indians (NRIs) and Overseas Citizens of India to deposit and maintain their foreign currency funds in India. These deposits are available in major currencies including US Dollar (USD), Euro (EUR), Pound Sterling (GBP), Japanese Yen (JPY), Canadian Dollar (CAD), Australian Dollar (AUD), and Singapore Dollar (SGD). Yes Bank FCNR rates vary depending on the currency and tenure of the deposit.

Manoj Negi

August 7, 2023 · 4,165 views

IDFC First Bank NRI Account: Types, Application & Interest Rates

Indians moving abroad for higher studies and employment are supposed to make a few financial arrangements. NRI bank account opening should be on the top of your to-do list because once you become an NRI or Non-Resident Indian, your resident savings account will not be valid. Hence, you can open an NRI bank account with IDFC First Bank to conduct financial transactions in India. With the IDFC First Bank NRI account, you can earn attractive interest rates and enjoy smooth fund transfer and income tax exemption.

Manoj Negi

August 7, 2023 · 15,060 views

Axis Bank NRE FD Rates: Latest NRI FD Interest Rates 2024

Axis Bank is one of the largest and most trusted banks for NRI services in India. The bank provides various options under NRI Fixed Deposit. In this article we will browse through the various fixed deposit options available for an NRI along with checking out the latest Axis Bank NRE FD Rates (up to 5.50%*) and other NRI Fixed Deposit Interest Rates.

Manoj Negi

August 7, 2023 · 41,721 views

SBI NRE FD Rates 2023: Tax-Free FD for NRIs

NRI Fixed Deposit options at SBI is one of the safest avenues for NRI Investment in India. Your residential status and financial requirements can be easily catered to within their multiple options of Fixed Deposits: NRE FD, NRO FD, FCNR Deposits and RFC Deposit. In this article, we will browse through the latest SBI NRI FD Rates along with other benefits of investing in NRI FD at SBI.

Manoj Negi

August 7, 2023 · 62,169 views