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Deposits

NRO Recurring Deposit

Make monthly transfers from your NRE/NRO Savings Account, starting with a minimum instalment of Rs. 1,000

Easy Funding

Transfer funds every month from your NRE/NRO Savings Account

Flexible Monthly Instalments

Rs. 1,000 and in multiples of INR 500 thereafter

Monthly Tenure Options

Ranging from 1 to 10 years

Interest Rates

Competitive interest rates available

Fees and Charges

Eligibility and Documentation

Features and Benefits

In order to open a deposit, the customer will have to submit the following documents

  • Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, address, signature and observation page, if any)
  • Proof of NRI status, by way of valid Employment/Residence Visa copy or Work/Residence Permit
  • Copy of Indian PAN card or Form 60
  • Proof of Overseas and Indian Address (as per Customer Identification Policy)
  • Recent passport size colour photograph
  • Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, signature and observation page, if any)
  • Copy of Valid PIO/OCI card or any other proof of PIO status as per Customer Identification Policy
  • Proof of Overseas and Indian Address (as per Customer Identification Policy)
  • Duly signed and filled-in PIO declaration
  • Copy of Indian PAN Card or Form 60
  • Recent passport size colour photograph

All the above photocopies required to open an NRO Recurring Deposit should be attested in case you are downloading the account opening form and sending it to India. Attestation can be done by your banker abroad or the Indian Embassy or notary or equivalent authority as per the applicable law.

The address proof must match with the communication address selected by you on this Relationship Form.

  • Utility Bill
  • Driving License
  • Residence Permit (Govt. Issued Identity Card)
  • Credit Card Bills
  • Rent Receipt
  • Overseas or Indian Bank Statement

Download Forms

Download Forms

Download Forms

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