Allow your income earned in India to grow at competitive rates and deliver handsome returns. Park your dividends, rental income, and other earnings in SBM NRO fixed deposit and choose to freely repatriate or transfer the interest earned.

Exclusive benefits:

NRO Deposits are risk averse with a quick and seamless process

Secure investment
Secure Investments

You can start an NRE deposit with a minimum of Rs. 25,000

Low deposit amount
Low Deposit Amount

Attractive interest rates with quarterly compounding.

High returns
High Returns

Automatic renewal of your principal and interest on maturity.

Hassle-free renewal
Hassle-free renewals

Get tax-free returns in India.

Tax benefit
Tax Benefits

Interest fully repatriable after payment of taxes.


Competitive exchange rates on the conversion of your foreign currency into rupees.

Favourable exchange
Ease of operations

Can be jointly opened by NRIs/PIOs and Resident Indians.

Ease of operation
Ease of operations

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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.