Open Nri Account in South Indian Bank

I want to apply to open my Non-Resident (External) Account (NRE Account) in South Indian Bank so can you please provide me the application form for this? Also provide me the instructions and the guidelines to fill the application form?

I want to open a NRI Account in South Indian Bank. So I want to know about the types of account as well as required documents for opening account?

[Raman Vij]

As you want to know about the required documents as well as types of account, so here I am telling you about it as you want.

Firstly I want to tell you about the types of accounts;

Accounts can be in the form of Savings or Term Deposit.

Joint accounts are permitted.

Account can be opened by direct remittance from abroad, transfer from existing NRE,
FCNR(B) accounts or with foreign currency note, travellers cheque tendered personally by NRIs during their visit to India.

Repatriation of credit balance permitted.

No Income tax deduction at source on interest

Balance is exempt from wealth tax and interest earned is exempt from Income Tax.

Nomination facility is available
Here I am telling you about the required documents as you want.

Documents Required for Opening an NRI account

You should have application form duly filled and signed

You should have Two passport size photographs

Initial remittance by way of DD issued by a foreign bank or an exchange company abroad or cheque drawn on a foreign bank in your country of residence

You should have Copy of latest valid passport

You should have Proof of address and residence like copy of statement of bank account maintained abroad or a certificate from your employer abroad

For more information, please contact;


International Banking Division
Deputy General Manager,
South Indian Bank ,
International Banking Division,
2nd Floor,SIB Building,
Market Road, KOCHI - 682 035
Tel. : +91-484-2355499, 2373755
Fax : +91-484-2382623
E mail : ibd@sib.co.in


NRI Division
Chief Manager
1st Floor, SIB Building,
Market Road, Ernakulam,
Pin-682 035, Kerala, India
Tel : 0484-2363077
E Mail: nricell@sib.co.in/nrionline@sib.co.in