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NRE Savings Account Documentation
The fully repatriable India account for your overseas income
As a working professional living overseas, it is natural to earn an income in a non-INR currency. But what if you need a bank account in India to put away this income? What if you have dependants, have to pay bills and mange investments etc., in India? An HDFC Bank NRE Savings Account is an ideal solution for such a situation.
An HDFC Bank NRE Savings Account lets non-residents deposit their foreign income in rupee denomination in a bank in India. As an NRE account holder, you enjoy tax-free interest with no restrictions on deposits into the account. This type of account not only offers a safe place to park foreign earnings but you can use it to meet various payments in India while ensuring the balance is fully repatriable.