NRI Banking

For years you have worked hard to make your dreams come true. You crossed borders to create a new life from scratch for your future and your family. Everyone dreams of a beautiful house, and most of the savings and investments are made to realize this goal.  It’s time that you reap the fruits of your labour and fulfil the dream that you always had. With SBM’s support, get a home loan specially designed for NRIs. The loan process is seamless and keeps your needs in mind. For Indians, whether they live abroad or in India, buying a home is an emotional milestone and is considered an important one. At the same time, the real estate industry in India is on a boom, credits to its rapid development. The young population of India is migrating from one city to another in search of opportunities which is increasing the demand for good accommodation with appropriate amenities. This demand has given rise to several building projects across different cities. You can now see the aspirations of y...

  Fixed deposits aid your long-term financial planning safeguarding sufficient funds while beating inflation. Many NRIs are willing to invest in India to diversify their savings plan and build a financially secure future. India has emerged as one of the fastest-growing economies in the world and an attractive investment destination. Fixed deposits are an easy and efficient process of investment in India for the NRIs as the returns are high. RBI has proposed special investment schemes for NRIs to promote more investments from their end. NRI fixed deposits are considered as one of the risk-free ways to financial growth in India. This eventually aids in wealth creation that can be reinvested or can be used to meet your requirements. As an NRI you can opt for an NRI fixed deposit with 2 types of SBM’s NRI account: ·       Non-Resident External (NRE) Account ·       Non-Resident Ordinary (NRO) Account NRE SAVINGS ACCOUNT NRE savings account is used to ...

  If you are living outside India chances are that you have healthy savings. Just saving the money is not enough because inflation will eventually depreciate the value of the money which is why it is important to grow your money by investing it in the right place. You can always take advantage of the difference between foreign and Indian currencies. This means that at the end of the day you will invest more than what you would have had you been living in India. India has seen tremendous growth in the past two decades. As a result, the country is attracting a great deal of foreign direct investment. This has prompted NRI investors to consider India as the right market to invest in. At the same time, as an NRI it is important to have the right strategy for your investment, or else you might lose all your savings altogether. One of the best options to invest in is fixed deposits. At SBM private health, NRIs get a wide array of options for fixed deposits so that they can choose as per ...

  As an NRI, you have achieved a lot in your life and have made a mark for yourself in the world with your skills, acumen, and flair. The wealth that you have accumulated is a result of your hard work. You have not only made a name for yourself but the country of your origin as well. However, to see substantial growth in the wealth that you have accumulated you will need to deposit them in a savings account that gives you returns that you truly deserve. At the same time, you may also have certain goals and requirements to fulfil in India. Your parents or other family members in India might be dependent on you to some extent for which you may want to keep up a certain portion of your wealth in Indian currency and are aware of the growth potential this country has which is why it makes sense for you to invest in this country. For all these reasons you must have an NRI saving account . Apart from having high NRI savings account interest rates , the bank provides 24/7 customer support,...