FREE ATM Rupay Debit Card accepted by major commercial establishments in India NRI Savings Account (NRO)
Dear Customer, Click here to know about Emergency Credit Line Guarantee Scheme(ECLGS)      

NRI Savings Account (NRO)

CUB's NRO account offers a range of services FREE of cost - including remittances from abroad

  • Account can be opened jointly with a Non Resident or Resident
  • Joint Account can be opened with a resident in India on Former or Survivor Basis
  • FREE ATM Rupay Debit Card accepted by major commercial establishments in India
  • FREE CUB Net Bnaking All in One App to enjoy the convenience of online transactions
  • NO SERVICE CHARGES for inward remittances from abroad
  • Interest earned on the account is taxable
  • Balance together with interest can be remitted outside India or can be credited to NRE Account upto USD 1 Million per financial year subject to production of undertaking by the remitter and certificate from a Chartered Accountant
  • No service charges for inward remittances from abroad
  • Local receipts like rent, dividend, interest; receipts on account of sale of property in India etc., can be credited to this account
  • Funds can be transferred from NRO / NRE / FCNR Accounts
  • Conversion of foreign currency into Indian Rupees or vice versa will attract service tax as per GoI notification
  • Attractive rate on daily closing balances
  • Click here to download opening form.
  • Click here to know current interest rate for NRO Savings
  • Click here for Modes of remittances to remit funds
  • For queries, contact us - nri@cityunionbank.com
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