Manage all your savings, earnings, and payments in India from anywhere in the world, effortlessly, with SBM NRO Savings Account. Enjoy seamless management of your finances, 24/7 support, and on-call assistance by your dedicated Relationship Manager.

The SBM NRO Savings Account is designed for the Global Indians who value superior returns, world-class services and premium lifestyle privileges. The account also offers you access to multiple Indian and global Investment opportunities to further nurture your wealth.

The SBM NRO Saving Account can be opened jointly between two Non-Resident Indians or Persons of Indian Origin.

Superior benefits with SBM NRO Savings Account:

Easy account opening from anywhere with minimal documentation

Hassle-free process
Hassle-free process

Multiple Investment portfolios to grow your local earnings in India

Wide Investment option
Wide Range of investment options

Experienced wealth management specialists and 24*7 support exclusively with your NRE savings account

Bespoke services
Bespoke Services

Earn upto 5%* p.a. with monthly payout of interests.

Competitive interest rate
Competitive Interest Rates

Get tax-free and fully repatriable returns.

Complete benefit
Complete Benefits

Special rates across a host of products and services including Forex.

Preferential pricing
Prefential Pricing

Free* money transfers at competitive forex rates

Preferred Forex rates
Preferred Forex Rates

The SBM NRO Account can be opened jointly between two Non-Resident Indians or persons of Indian Origin. Your account comes with the SBM World Debit Card, offering the finest of privileges to complement your lifestyle.

Exclusive Privileges with SBM NRO World Debit Card

  • Unlimited free withdrawal at all banks’ ATMs
  • Zero cross-currency mark-up on international transactions
Transaction-based benefits
Transaction Bases Benefits
  • Global cuisine and classic lifestyle experiences
  • Dining offers across premium restaurants
  • Access premium privileges and Personal concierge service.
Exclusive lifestyle benefits
Exclusive Lifestyle Benefits
  • Lounge access at domestic and international airports
  • Curated offers and the best privileges across Shopping, Travel, Stay and Entertainment
  • 1000+ global hotel and travel privileges across premium brands
Travel, Leisure and Hospitality
Travel, leisure & hospitality
  • Protection with a convenient insurance plan
  • Thoughtful healthcare benefits and emergency travel assistance
  • Health programs, wellness packages, and spa offers
Health, wellness, and medical
Health, Wellness & 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%

We are here to assist you with all your banking needs.

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NEVER SHARE your Card Number, CVV, PIN, OTP, Internet Banking User ID, Password, or URN with anyone, as it can lead to unauthorised access to your account. | DIAL 1930 FOR ONLINE FINANCIAL FRAUD. REPORT ANY CYBERCRIME AT WWW.CYBERCRIME.GOV.IN | Dear Customer, in line with RBI regulation, if there are any changes/updates in the KYC documents you previously submitted with the Bank, please provide the updated documents within 30 days of such changes.