Non Resident Indian (NRI) savings accounts
Local banking from across the world
Our NRI accounts are the perfect way to manage your finances in India when you’re living outside the country. We’ve got the global expertise and resources you need, and you can choose the right account for your circumstances.
Foreign Currency Non Resident (FCNR) deposits
- No need to convert your funds into rupees
- No penalty on premature withdrawal
- Earn interest free from Indian taxes
Online Money Transfer
- Transfer funds to India quickly, securely and easily
- Funds transfer within 1 working day 1
- Remit up to £7,000 per day 2
Non Resident External (NRE) savings account
- Get a rate of 4% pa on your savings
- Free withdrawals using your international debit card
- Earn interest free from Indian taxes
Non Resident Ordinary (NRO) savings account
- UK money transfer fee waived for amounts over £250 or equivalent
- Free ATM withdrawals at over 7,000 Cashnet ATMs in India
Non Resident External (NRE) term deposits
- Attractive interest rates, free from Indian taxes
- No penalty on premature withdrawal
Non Resident Ordinary (NRO) term deposits
- Earn higher interest rates on your rupee savings
- Save for longer to get a higher rate
Important information
1. Working days Mon-Fri (bank holidays excluded). Actual processing time might be longer in some cases.
2. Maximum of 3 transactions per day amounting to a total of £7,000, and 10 transactions per week amounting to a total of £35,000.
