NRI Banking

SBM Bank offers a diverse range of banking solutions to the Non-Resident Indians (NRIs) and aims to make banking easier and more comfortable. No matter what your lifestyle, SBM Bank offers attractive   lifestyle benefits for NRIs .  From shopping, dining out, movies, traveling to anything else, SBM Private Wealth brings you the SBM World Debit Card in association with Mastercard and offers the finest experiences and privileges for all members who enjoy  priority banking .  SBM World Debit Card Benefits: SBM Private Wealth offers an exclusive and premium range of  lifestyle benefits  across travel, stay, dining, fashion and more.  Welcome aboard offers of over INR 10,000.  Unlimited free withdrawal at ATMs of all banks.  Zero cross-currency mark-up on international transactions.  Enable experiences across 77 countries- From taking a cooking workshop to hitting the road on a supercar in Singapore, get similar exciting and unique experience...

For high net worth individuals (HNWIs) who want to invest in the Indian market, private banking offers information and recommendations on what may be the most appropriate investment options for them. NRI banking services for HNIs  are best provided by SBM Private Wealth Banking which comes with more personalized financial services through dedicated banking personnel who takes care of all their banking needs. Banking Services Offered to HNI's The HNIs who prefer lifestyle privileges and expert assistance, SBM Bank’s Private Wealth privileges offer exclusive banking solutions to the NRIs. Let’s see what they come with: Expert assistance- SBM Private Wealth’s experts facilitate assistance in important matters like managing property in India, FEMA consulting, tax filing, and much more. Personal Concierge- Through a personal concierge, you get: expert assistance in investment planning, travel privileges, medical assistance, stay benefits, exclusive events, and much more. SBM World Debit...

  There are many schemes and offers for Non-Resident Indians (NRIs) to buy property, mortgage or apply for loans. Similarly, for investing in Indian stocks and bonds the NRIs can apply for the scheme given by the Reserve Bank of India (RBI), that is the Portfolio Investment Scheme (PIS). What is the Portfolio Investment Scheme (PIS)? The Reserve Bank of India (RBI) enables NRIs to invest in stocks and mutual funds of their favorite companies in India through a recognized stock exchange by directing these transactions through their  NRI savings accounts . However, they should have these  NRI savings accounts  with designated bank branches only which are present worldwide. Let’s see  what the Portfolio Investment Scheme  comes with: For transactions through a recognized stock exchange, the NRIs would need to set up  NRI savings account  with the designated bank having a global presence, like SBM Bank. For portfolio investments in the secondary marke...