SB NRE Silver Account

Easy to Open Account Tailored for Your Needs

Start your NRI Banking journey with our classic Silver Savings Account. Open your account today with a low initial deposit and unlock a host of benefits while easily managing your minimum balance. Securely transact funds from anywhere in the world and enjoy advanced international online banking solutions.

Discover the SB NRE Silver Account - tailored to meet the unique needs of NRIs like you, seamlessly blending convenience and flexibility.

Maintain an average monthly balance of just Rs. 5,000/- to enjoy exclusive benefits
Experience the convenience of maintaining a minimum balance of Rs. 5,000/- 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 NR Term Deposit of Rs. 1,00,000/- or more
Take advantage of our complimentary internet and mobile banking services, making your banking effortless
Get a primary variant debit card with an annual maintenance charge (AMC)
Benefit from a free 10-leaf chequebook, making your transactions back home flexible

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
Assignments with the UN or government-related postings
Jobs as mariners or on foreign airlines

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

Individuals with a foreign passport who:

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

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.

Explore our simple and transparent Interest rate and charges for the SB NRE Silver Savings Account - designed to keep banking hassle-free.

To ensure a quick and smooth process, scan all your documents and keep them ready before you fill the application form. Here is the list of documents necessary to open NRE account online.