NRE Savings Account
Our NRE Savings Account offers NRIs the opportunity to park foreign income in India and earn tax-free interest rates of up to 7.50%* p.a. Enjoy secure inward and outward remittance facilities, free RTGS and NEFT transactions, and more with Ujjivan SFB’s NRE Savings Account.
Key Features of our NRE Savings Account
Earn tax-free interest
Fully repatriable funds
Interest calculated on daily end of day balance and credited quarterly
Internet Banking & Mobile Banking facilities across borders - List of countries
Key Features of our NRE Savings Account
Earn tax-free interest
Fully repatriable funds
Interest calculated on daily end of day balance and credited quarterly
Internet Banking & Mobile Banking facilities across borders - List of countries
Top Benefits of our NRE Savings Account
NRE Savings account ROI Calculator:
Easily calculate returns using our NRE Savings calculator
Principal amount
Quarterly interest amount
*Interest is calculated on a quarterly basis.
*The above interest calculation shown is indicative, the actual interest paid out may vary.
*Interest Rates up to ₹ 1 lakh - 3.50% p.a. | Above ₹ 1 lakh to ₹ 5 lakhs - 5.00% p.a. | Above ₹ 5 lakhs to ₹ 25 lakhs - 7.25% p.a. | Above ₹ 25 lakhs - 7.50% p.a.
Ujjivan SFB NRE Savings Account Interest Rate
Below mentioned are the Interest Rates with Effect from 13th Sep 2024
| Account balance | Rate of Interest (p.a.) |
|---|---|
| Up to ₹1 lakh | 3.50% |
| > ₹1 lakh to ₹5 lakhs | 5.00% |
| > ₹5 lakhs to ₹25 lakhs | 7.25% |
| > ₹25 lakhs | 7.50% |
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FAQs
1. What is an NRE Savings Account?
NRE Savings Account allows NRIs to park their foreign income in India and earn tax-free interest.
2. Is there any Minimum balance requirement?
There’s no minimum balance requirement to maintain this account.
3. Whom should I contact if I have any queries?
You can contact our 24/7 customer service at 1800 208 2121 / +91 80 6868 2121. Alternatively, you can write to us - customercare@ujjivan.com
4. How much interest can you earn on your NRE Savings Account?
You can earn up to 7.50%* p.a. with Ujjivan SFB NRE Savings Account.
5. Can I operate the account from abroad?
Yes, Internet and Mobile Banking facilities are available across borders.
*Terms and Conditions Apply.
