NRO Current Account

General Information:


Looking for interest free NRO account! Here we present our Feature RICH NRO current account that best suits your requirements.
A NRO Current Account with SIB allows you to route all your domestic earnings in a secure and convenient way. The modified features applicable as of 1st September 2023 are outlined below.

  •  Accounts maintained in Indian Rupees for routing bonafide local remittance like rent.
  •  Joint accounts are permitted.
  •  Restricted repatriation is offered. 
  • Joint accounts are permitted.
  • Only individuals are permitted to open the account.

Individual Current Account- Features.

  • Free movement of funds from all branches by way of cash/other means.
  • Average monthly Balance requirement of Rs. 10,000/-.
  • Flexibility to maintain minimum balance of Rs. 10,000/- in linked accounts (eligible for last 2 opened NR accounts)
  • No minimum balance in SB required on maintenance of total relationship value of Rs.2,00,000/-.
  • Free International Debit card, SMS & Internet banking services
  • Free and unlimited Debit card transactions, NEFT / RTGS & DD / PO.
  • No Folio charges