Special Non-Resident Rupee (SNRR) Account

Home » Current Account » Special Non-Resident Rupee (SNRR) Account

3.5

Average Review

Special Non-Resident Rupee (SNRR) Account

Open a Special Non-Resident Rupee (SNRR) Account for seamless INR transactions in India. Enjoy regulatory benefits, easy fund repatriation & compliance ease.

Visit Site Apply Now Terms & Conditions Apply

Details for Special Non-Resident Rupee (SNRR) Account

The Special Non-Resident Rupee (SNRR) Account enables non-residents to conduct INR transactions in India with regulatory ease. It offers seamless fund repatriation, compliance benefits, and flexibility for business and investment needs while ensuring RBI guidelines are met.

₹
MAB

Metro & Urban Branches: 1,00,000/- Semi-urban and Rural Branches : 50,000/-

₹
Withdrawal Limit

Not available

₹
Transaction Limit

Not available

Non Maintenance Charges

  • 1,500 if MAB >=50% & Rs.2500 if MAB <50%

Additional Benefits

  • Unlimited Free NEFT/RTGS for Domestic Transactions
  • Monthly Service Fee – Rs.100/-
  • Trade (Export/ Import) Invoicing in INR
  • External Commercial Borrowings in INR
  • Trade Credits in INR
  • Business related transactions outside International Financial Service Centre (IFSC) by IFSC units at GIFT city like administrative expenses in INR outside IFSC, INR amount from sale of scrap, government incentives in INR, etc.
  • Tax Refunds/Payment in INR

Share with