SB NRE Gold Account

Offering Premium Banking Benefits to NRI’s

Designed for a premium banking experience, the SB NRE Gold Account offers flexibility and convenience without the burden of maintaining a high balance. Deposit your overseas income, earn tax-free interest, and enjoy seamless repatriation of funds. Access unlimited transactions and complimentary banking tools to manage your finances with ease and efficiency.

Explore the SB NRE Gold Account, designed specifically for NRIs like you, effortlessly combining convenience and flexibility.

Maintain an average monthly balance of Rs. 10,000/- to enjoy premium benefits
Gain the flexibility to maintain a minimum balance of Rs. 10,000/- in linked accounts (eligible for the previous two NR accounts you have opened with us)
Enjoy the freedom of zero minimum balance in your savings account with an NRI Term Deposit of Rs. 2,00,000/- or more
Take advantage of our complimentary internet and mobile banking services, making your banking effortless
Get a free international debit card, SMS & Internet banking services
Benefit from a free 25 leaf cheque book, making your transactions back home flexible
Free and unlimited NEFT / RTGS & DD / PO and ATM withdrawals

Before you apply, take a moment to confirm your eligibility for opening an NR account with us. This simple step will ensure a smoother application process!

Who Can Open an NRE Savings Account?

NRIs (Non-Resident Indians)
Indian citizens living abroad for:

Work, studies or business
Government-related postings or assignments with the UN
Jobs at foreign airlines or as mariners

PIOs/OCIs (Persons of Indian Origin/Overseas Citizens of India)

Individuals with a foreign passport who:

Have previously held an Indian passport
Have parents or grandparents who were Indian citizens under the Constitution or Citizenship Act of 1955
Are married to another PIO or an Indian citizen

Our online NRI account opening is quick and hassle-free, bringing your banking needs from India right to your fingertips.

Online

To open an NRE Account Online:

Keep your documents handy
Fill up the Application Form available online
E-mail the filled application along with the documents to nrionline@sib.co.in
A representative from South Indian Bank will promptly get in touch with you

Once you have initiated this process, you can open an NRE Account online and remit your initial deposit or minimum balance by:

Direct remittance from abroad
Transfer from existing NRE and FCNR (B) accounts

Offline

To open an account in person, you can visit the nearest branch in India, submit the application along with the required documents and deposit your funds using foreign currency notes or traveller’s cheque.

Navigate your NRI Banking account transactions with clarity and confidence, with our transparent fee structure.

Scan and prepare your documents before filling out the NRE account application form. Here's the list of required documents.

2 passport-size photographs
Proof of Identity (Copy of latest Passport with all pages)
Pan Card or Form 60
Oversees Address proof
Permanent Address Proof (India or Abroad)
Proof of NRI Status
Initial remittance through DD issued by a foreign bank or an exchange company abroad or cheque drawn on a foreign bank in your country of residence

Visit our NRI banking account opening Guidelines page to learn more about our account opening process.