Dear Customer,NET Banking & ATM services will not be available between 23:45hrs to 00:45hrs on 25th Jan 2020 and 26th Jan 2020 due to BCP activity.During the course of the BCP drill, if customers are unable to reach our call center through the primary number 044-71225000, they may contact our call center through the alternate number : 080-68155000. Inconvenience regretted.            Click here for Ambit CUB Q2 FY2020 Earnings Conference Call             Click here to donate for PM's National Relief Fund                    Now, drive through toll gates with CUB FASTag - Click here to know more                Click here for auction sale details                

NRI Recurring Deposit (NRE)

CUB's NRI customers can open Recurring Deposit (RD) and enjoy big rewards.

  • Recurring Deposit can be opened for remitting fixed amount every month for a minimum period of one year and upto a maximum period of 10 years
  • Deposit can be opened jointly with a Non - Resident on Either or Survivor/Former or Survivor basis
  • Deposit can also be opened jointly with a Resident close relative on Former or Survivor basis
  • Interest earned on the account is TAX FREE
  • Principal together with interest is fully repatriable
  • NO SERVICE CHARGES for inward remittances from abroad
  • Funds can be transferred from NRE account
  • No interest is payable if deposit is preclosed before one year
  • Preclosure of deposit after one year, but, before maturity will attract penalty as per the Bank’s policy from time to time
  • Conversion of foreign currency into Indian Rupees or vice versa will attract service tax as per GoI notification
  • Loan against the security of deposit can be obtained subject to RBI guidelines and Bank’s policy in force
  • Attractive interest rates
  • Click here to download opening form
  • Click here to know current interest rate
  • Click here for Modes of remittances to remit funds
  • For queries, contact us - nri@cityunionbank.com
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