SBM NRE Account

SBM NRE Account

A great way to grow your overseas earnings while enjoying world-class privileges.

For the Global Indians who wish to park their overseas earnings in India, presenting an account that gives them the best of both worlds —SBM NRE Account.

You can enjoy seamless access from any part of the world and watch your money grow at 6%* p.a. You can also choose to invest in a variety of Indian investment solutions and thus leverage the diverse wealth opportunities that India has to offer. The cherry on the top is the exclusive lifestyle privileges that come with the account.

  • Earn 6%* p.a. with monthly payout of interests
  • Tax-free returns
  • Fully repatriable
  • Preferential pricing on a host of products and services
  • Competitive forex rates
  • Premium privileges with Personal concierge
  • Dedicated Relationship Manager



The SBM NRE Account can be opened jointly between two Non-Resident Indians or Person of Indian Origin.

Your account comes with the SBM World Debit Mastercard, offering the finest of privileges to complement your lifestyle:
  • Global Dining and Lifestyle Experiences
  • Unlimited Free Withdrawals at all Banks' ATMs in India
  • Airport Lounge Access
  • 1000+ offers on Travel and Stay
  • Zero Forex mark-up for international transactions

To read more about the card, click here.

Savings Account Interest Rates
For Resident & Non-Resident Indians
Slabs Interest Rate (w.e.f May 1, 2020)
Balance up to Rs. 5 Lakh 5%
Balance above Rs. 5 Lakh 6%*

*Interest will be calculated on an incremental basis

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