NRE Premium A/c

non residential (external) rupee premium savings account

Learn more about the Non Residential (External) Premium Savings Bank Account from TMB.

NRE Premium A/c

This account enables NRIs to have a premium operative account in India and save in India at higher rate with repatriation benefits and many free premium value added facilities.

Purpose
To attract high net worthy NRI Customers.
Eligibility
ALL Non Resident Individuals of Indian Nationality or Indian Origin.
Initial Balance
Nil.
Balance in the account
Minimum Quarterly average Balance Rs. 2,500.
Periodicity of interest payment
Interest is payable half yearly.
Nomination Facility
Available.
Value Added Facilities
  • Waiver of minimum balance requirement in the first quarter of opening the account.
  • Free Multicity Cheque books [60 leaves in a year] with free Any Where Banking facility
  • Instant credit of Cheque / DD to the tune of Rs. 15,000. *
  • No Collection charges for collecting demand drafts payable at other centres. Applicable postage and service tax will be collected.
  • Demand Draft / Local Draft facility: Free upto Rs. 50,000 and thereafter at Rs. 1 per Rs. 1,000 thereof.
  • Funds transfer by FTFT / NEFT: Free upto Rs. 1,00,000.
  • Intra City: Cash Remittance: Not applicable. Cash Payment at Parent Branch: Free and no limit. Cash Payment at Satellite Branch: Free and no limit in case of Self and Rs. 10,000 in case of Third party. Transfer: Free.
  • Waiver of demat account opening charges and first year AMC Charges.
  • Free SMS Alert Facility to local mobile.
  • Free ATM Card.
  • No charges for both ECS debit and credit transactions.
  • Free Internet Banking.
  • No Folio / Transaction charges.
  • Facility for opening Offline Share Trading account with M/s. Religare Securities Limited.
Account Statements
Free monthly e-mail statement.

Download the Application Form: