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NRE Premium A/c

non residential (external) rupee premium savings account
NRE Premium A/c - non residential (external) rupee premium savings account

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

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.10,000/-.

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 to be collected without fail.
  • Demand Draft/Local Draft facility: Free upto Rs.50,000/- and thereafter at Re.1/- per Rs.1000/- thereof.
  • Funds transfer by FTFT: Free upto Rs.1,00,000/-.
  • Funds transfer by NEFT : Free.
  • 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: