Your hard-earned wealth should not only be kept safe, but it deserves to grow and thrive. To offer your money the very best, park your foreign currency earnings from any part of the world in the SBM NRE Account, specially designed for the global Indians. Apart from offering a lucrative interest rate of up to 5% p.a., the account also comes with exclusive global lifestyle privileges and access to multiple investment avenues that help leverage the diverse wealth opportunities of India.
The SBM NRE Saving Account can be opened jointly between two Non-Resident Indians or Persons of Indian Origin.
Superior benefits with SBM NRE Savings Account:
Competitive interest rate
Complete benefit
Preferential pricing
Hassle-free process
Bespoke service
Preferred Forex rates
Your account comes with the SBM World Debit Card, offering the finest of privileges to complement your lifestyle. Enjoy the benefits of the most trustworthy partnership.
Exclusive Privileges with SBM NRE World Debit Card
Transaction-based benefits
Lifestyle & Entertainment
Travel, Leisure and Hospitality
Health, Wellness and Medical
| Savings Account Interest Rates | |
| For Resident & Non-Resident Indians | |
| Slabs | Interest Rate (w.e.f August 01, 2024) |
| Up to 2 Lakhs | 3.50% |
| More than 2 Lakhs to 5 Lakhs | 4.00% |
| More than 5 Lakhs to 10 Lakhs | 5.00% |
| More than 10 Lakhs to 50 Lakhs | 7.00% |
| More than 50 Lakhs to 50 Crores | 7.25% |
| More than 50 Crores to 75 Crores | 7.35% |
| More than 75 Crores | 5.00% |