Manage your Indian income seamlessly!

NRO Savings Account

Manage your earnings generated in India while living abroad with ease. Our NRO Savings Account offers competitive interest rates up to 7.50%* p.a., with no minimum balance requirement. Enjoy free remittance facilities, convenient electronic fund transfers, and more.

Key Features of our NRO Savings Account

No minimum monthly average balance requirement

Internet Banking & Mobile Banking facilities across borders

Interest calculated daily on end-of-the-day balance & credited quarterly

Repatriation of funds as per FEMA guidelines

Secure Inward & Outward remittance facility in foreign currency

Internet Banking & Mobile Banking facilities across borders - List of countries

NRO Savings Account

Key Features of our NRO Savings Account

Internet Banking & Mobile Banking facilities across borders - List of countries

Top Benefits of our NRO Savings Account

  • Earn interest rates up to 7.50%* p.a.
  • 5 Free ATM transactions each across Ujjivan SFB and other bank ATMs
  • Free SMS facility to the registered Indian mobile number
  • Free Remittance facility - NEFT & RTGS
  • Remittance at competitive exchange rates
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NRO Savings Account ROI Calculator

Easily calculate returns using our NRO Savings Calculator.

Principal amount

 

Quarterly interest amount

 

*Interest is calculated on a quarterly basis. 
*The above interest calculation shown is indicative, the actual interest paid out may vary. 
*Interest Rates up to ₹ 1 lakh - 3.50% p.a. | Above ₹ 1 lakh to ₹ 5 lakhs - 5.00% p.a. | Above ₹ 5 lakhs to ₹ 25 lakhs - 7.25% p.a. | Above ₹ 25 lakhs - 7.50% p.a.

Total Savings post 
Interest Earnings with Ujjivan SFB

 

Supercharge your wealth journey!
Earn up to 7.50% p.a. with our 
Digital Savings Account!

Ujjivan SFB NRO Savings Account Interest Rates

Below mentioned are the Interest Rates with Effect from 13th Sep 2024

Account balanceRate of Interest (p.a.)
Up to ₹1 lakh3.50%
> ₹1 lakh to ₹5 lakhs5.00%
> ₹5 lakhs to ₹25 lakhs7.25%
> ₹25 lakhs7.50%


 

You can find additional disclosures here.

 

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FAQs

1. What is an NRO Savings Account?

NRO Savings Account allows NRIs to manage their income earned in India while they live abroad. NRO accounts are maintained in Indian rupees and can be repatriated abroad subject to terms and conditions.

2. How much interest can you earn on your NRO Savings Account?

You can earn up to 7.50%* p.a. with Ujjivan SFB NRO Savings Account.

3. Is there a monthly balance requirement?

No, there isn't any monthly minimum balance requirement for Ujjivan Small Finance Banks NRO Savings Account.

4. Is the income earned taxable?

Yes, it's taxable according to Indian Income Tax laws.

5. How is interest calculated?

The interest is calculated daily on end-of-day balances and credited quarterly.

6. How many free transactions are allowed monthly?

You can carry out 5 free transactions at Ujjivan SFB ATMs and other bank branches.

7. What are the remittance facilities provided?

With Ujjivan SFB, you get secure inward and outward remittance in foreign currency at competitive rates. FEMA guidelines apply for outward remittance.

*Terms and Conditions Apply