Your money is the consequence of the effort that you have put in over a long period, and it not just needs to be kept safe, it deserves to grow. Deposit your foreign currency earnings from any part of the world, at your convenience while enjoying a host of benefits.

The account offers you an interest of up to 5% p.a., enhanced transaction limits, lifestyle privileges, investment opportunities in India, and several other banking benefits across the world. SBM NRE Savings Account is specially designed to meet the needs and aspirations of a global Indian.

Superior benefits with SBM NRE Savings Account:

Remote account opening from anywhere in the world with minimal documentation

Hassle-free process

Experienced wealth management specialists and 24*7 support exclusively with your NRE savings account

Bespoke service

Earn upto 5%* p.a. with monthly payout of interests

Competitive interest rate

Get tax-free returns and fully repatriable proceeds

Added benefit

Get Preferential pricing on a host of products and services

Preferential pricing

Free* money transfers at competitive forex rates

Preferred Forex rates

The SBM NRE Saving Account can be opened jointly between two Non-Resident Indians or Persons of Indian Origin. Your account comes with the SBM World Debit Card, offering the finest of privileges to complement your lifestyle. Enjoy the benefits of the most trustworthy partnership.

Exclusive Privileges with SBMNRE World Debit Card

  • Unlimited free withdrawal at all banks’ ATMs
  • Zero cross-currency mark-up on international transactions
Transaction-based benefits
  • Global cuisine and classic lifestyle experiences
  • Dining offers across premium restaurants
Lifestyle & Entertainment
  • Lounge access at domestic and international airports
  • Curated offers and the best privileges across Shopping, Travel, Stay and Entertainment
  • 1000+ global hotel and travel privileges across premium brands
Travel, Leisure and Hospitality
  • Protection with a convenient insurance plan
  • Thoughtful healthcare benefits and emergency travel assistance
  • Health programs, wellness packages, and spa offers
Health, wellness, and medical
Savings Account Interest Rates
For Resident & Non-Resident Indians
Slabs Interest Rate (w.e.f Jan 1, 2021)
Balance up to Rs. 2 Lakh 3.50%
Balance more than Rs. 2 Lakh up to Rs. 5 Lakh 4.00%*
Balance above Rs. 5 Lakh 5.00%*
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