NRO Savings Account

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NRO Savings Account

Save and manage your foreign earnings in India with the IDFC NRO Savings Account. Secure, hassle-free banking with attractive interest rates!

  • cheque availibilty
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Details for NRO Savings Account

The IDFC NRO Savings Account helps NRIs securely park their India-based earnings. Enjoy seamless fund transfers, attractive interest rates, and easy access to banking services while complying with RBI regulations. With online banking and hassle-free transactions, managing your funds in India has never been easier.

Interest Rate

7.25%

Withdrawal Limit

2,00,000/-

Transaction Limit

6,00,000/-

Eligibility Criteria for Opening an Account

  • Non-Resident Indians
  • Person of Indian Origin (PIO)
  • Overseas Citizen India (OCI)
  • Seafarers working on International Vessels
  • Oil Rig Employees working on International Offshore Projects

Additional Benefits

  • Interest calculated on daily balances and paid at the end of every month
  • Complete access to your account even when you’re overseas with our revolutionary banking app.
  • Funds are repatriable subject to documentation upto a limit of US Dollar 1 million per financial year.
  • Mandate Facility for your loved ones in India.
  • Get Free and Stremlined Money Transfer Through Various online and Offline Channels
  • Get Visa Signature Domestic debit Cards with Your IDFC First Bank NRO Saving Account To Access Your Money Anywhere In India
  • Enjoy Higher Daily ATM Withdrawal And Purchase Limit On all Your Domestic shopping
  • Funds In Your IFC First Bank NRO Saving Account are Repatriable upto USD 1 Milllion outside india Subject to tax and documentation
  • Transfer Money From Your country of Residence to india in a Freely-convertibly Foreign Currency