NRI Banking

 

We understand that as an NRI, your requirements are unique. Rest assured, with our expertise, we offer you bespoke solutions without you having to be here.

 

 

 

NRE Account

A savings account maintained in INR where you invest your foreign income earned outside India and earn 3.5% tax free interest.

 

 

 

NRO Account

A savings account where you can maintain and manage your income in India by way of rent/dividend property sale proceeds etc. The interest earned of 3.5% is taxable in nature.

 

 

SNRR Account

A non-interest bearing Current Account opened by any person who is a resident outside India, having a business interest in India. This is a repatriable account and there is no interest payment on these accounts.

 

Fixed Deposits

NRE-Account-01

NRE Term Deposit

This is a tax free and fully repatriable Indian rupee deposit account opened by NRIs/PIOs to earn safe and guaranteed return from the income earned through foreign sources.

NRO-Account-01

NRO Term Deposit

An Indian rupee deposit account opened by NRIs/PIOs to earn safe & guaranteed return from the income earned either through Indian/foreign sources. Interest earned through this is taxable at maturity.

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FCNR (B) Deposit

This is a tax free and fully repatriable deposit in foreign currency which a client can book in 6 different currencies as long as he is a NRI. The minimum tenure is 1 year for such deposits.

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RFC Deposits

A Resident Foreign Currency Fixed Deposit gives an opportunity to NRI’s who have returned to India for good but would like to continue maintaining their overseas earning in foreign currency.

 

 


 

 


 

 


 

Contact us

Get in touch with our team of experts to explore our products and services.

Email us for grievances to:
feedback.private@kotak.com

Other queries:
info.private@kotak.com

Toll Free Number
1800 266 6666

Private Banking Hotline Number
022 6204 2100