Yes Bank

Min Salary / Min Balance10000

CurrencyINR

Account TypeSavings Account

Features

  • Transfer funds freely between India and abroad

Detailed Info

Yes Bank  NRE Account

 

NRE Savings Account you can transfer your earnings to India in a convenient manner. You can opt for the best NRE account in India which is YES BANK. The benefits and features are lucrative for the account holder. Also, you can repatriate the funds held in the account along with the interest earned at any point of time. Moreover, you are exempt from paying taxes on the amount of interest. YES BANK NRE account has multitudes of direct banking facilities available at your fingertips, you can stay in complete control of your hard-earned money abroad.

 

  • You can earn a higher interest rate of 6% p.a. with your YES BANK NRE Account
  • Free utility bill payment facility through Net Banking for registered billers
  • Free RTGS/NEFT payment facility through Net Banking
  • Free set-up of Standing Instruction facility etc.
  • The interest earned is not liable for/ exempted from Tax in India
  • Low cost and convenience- free money transfers through various online and offline modes
  • Other mandatory benefits: Free check book and ATM card for an account holder

 

 

  • NRIs and PIOs as per FEMA definition
  • Seafarers of Indian nationality/origin
  • Indian government employees with Diplomat passports, or
  • Students pursuing studies in foreign countries

NRI’sAddress proof - either the overseas or Indian address mentioned in the application form

An Initial Payment Cheque / Draft from your own account equivalent to amount required to maintain the Average Monthly Balance in account. (If you are making the payment as a draft, the DD slip is mandatory).

 

 

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