SBM NRO Account

SBM NRO Account

Lucrative returns and a suite of premium privileges.

There will always be business to attend to in India. Whether it is taking care of your rental or dividend earnings from India, or making local payments, you need an account that helps you manage your money from any part of the world, effortlessly. The SBM NRO Account designed for the Global Indians enables you to do all that and more, while earning superior returns and enjoying exclusive lifestyle privileges.

  • Earn 6%* p.a. with monthly payout of interests
  • Multiple Investment options to grow your local earnings
  • Preferential pricing on a host of products and services
  • Competitive forex rates
  • Premium privileges with Personal concierge
  • Dedicated Relationship Manager

The SBM NRO 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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