Sbbj nre

Hello sir, my brother is looking for to open NRE account in SBBJ bank. Is there any one can provide me here detail of interest rate for SBBJ NRE account?

[sumit]

The SBBJ bank is invited customers for to open NRE account. This account can be opened only by any Non-Resident Indians (NRIs)

This account can be opened jointly only with another NRI/Joint account with resident close relative may be opened on Former or Survivor basis.

ATM-cum-Debit Card can be issued. If you wish, International ATM-cum-Debit Card can also be issued

Internet banking facility available Through SBBJ Online Banking facility transact at your convenience, saving time and cost

Can be opened with Low Minimum balance of Rs.500/-
Rs. 1000/- in case of Cheque operated account

To open an NRI account please complete the account opening form and mail it to the branch of your choice along with:

Passport copy
Visa/ Residence permit
2 photographs
Initial money remittance




Here I’m attaching PDF of SBBJ NRE account opening form:


SBBJ is assuring you of:

Highest returns on your Deposits
Repatriation of Funds
Interest income exempt from Indian Income Tax Rules
Loan Facility
Internet Banking
ATM Card
Mobile Banking

Rate of Interest on NRE / FCNR(B) / RFC Term Deposit Schemes
Interest Rates on NRE Term Deposit of less than 1.00 crore
Maturity Period (% p.a.) w.e.f. 24.11.2016
1 year to 455 days 6.9
465 days tp less than 2 years 6.95
2 years to less than 3 years 6.85
3 years to less than 5 years 6.5
5 years and upto 10 years 6.5