The best way to determine savings account for NRIs.

 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, seamless internet banking, and a joint holder facility for easy operations in India.



However, considering your busy schedule you may not have the time and opportunity to survey the market and find the right banking for you. Also, you might be looking for a banking option that gives you freedom from simple, but time-consuming banking operations. This is where SBM private wealth bank can easily become the banking solution that you have been looking for. When you open a savings account with us, you are assigned a personal lifestyle manager, a world-class debit card that complements your lifestyle, and a wide range of banking solutions to give you a seamless experience that minimizes the time consumed for day-to-day transactions.

The first option that we have is an NRE savings account. This option gives you the best of both worlds. You can use the account from any part of the world while the NRE savings account interest rates are maintained at 5% per annum. The account allows you to invest in a variety of Indian investment solutions, giving you more opportunities to grow your wealth. In addition to that, you get exclusive lifestyle privileges such as:

·   Personal concierge

·   Global dining in lifestyle experiences,

·   Unlimited free withdrawals at all banks ATMs in India

·   Airport lounge access

·   1000 + offers on travel and stay

The other advantages are that returns are tax-free and fully repatriable. You also get competitive forex rates and professional pricing on a host of products and services.

SBM private wealth bank also has the option of an NRO savings account. You will always have banking support to manage businesses in India. Whether it is managing rental or dividend earnings, or making local payments, you will need an account that helps you manage your money in Indian currency from any part of the world. The SBM NRO Account is designed just for that purpose, which is why we are allowing you to enjoy exclusive lifestyle privileges. You will earn up to 5% per annum with a monthly pay-out of interest option. You also get flexible investment options to grow your earnings in India. You also get complete forex rates to help you save whenever you are sending money from another country to India. The SBM NRO account can be opened jointly between two non-resident Indians or persons of Indian origin.  The account also comes with a world-class debit card that opens the doors to the finest privileges like:

·   Airport lounge access,

·   Curated offers across dining, shopping, travel, stay, and entertainment

·   1000 + offers in the travel industry.

·   Complimentary golf programs in India

The card can be used for ATM, Point of sale (POS) terminals, and online purchases.

With NRE and NRO savings account options that come with a wide array of privileges, you will be able to enjoy the finest banking experience that rewards you consistently while you seamlessly manage your Indian transactions. Finally, you will be able to simplify your banking with customer support at every step of the way.

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