SIB Fly High Account

Explore our features of the SIB Fly High NRE Savings Account designed for students, providing easy financial management.

Average minimum balance of just Rs. 5,000/- only
Maintain a combined minimum balance of Rs. 5,000/- across linked accounts (eligible for the previous two NR accounts you have opened with us)
Minimum balance requirement waived on maintenance of NRI Term Deposit of Rs. 1,00,000/- & above.
Free Internet Banking and Mobile Banking services.
Basic Variant Debit Card with yearly AMC applicable
Free 10 leaves Cheque Books.

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?
The SIB Fly High NRE Savings Account is designed for Indian university students who are planning to study abroad. If you're preparing for your academic journey overseas, this account is tailored to meet your unique financial needs during your time abroad.

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

People possessing a foreign passport who:

Held an Indian passport in the past;
Have parents or grandparents who were Indian citizens under the Citizenship Act of 1955 or the Constitution

Opening a SIB Fly High NRE Savings Account is easy and quick. Just follow these simple steps below and begin your banking journey with us.

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 the transparent fees for the SIB Fly High NRE Savings Account —designed to give you clarity and confidence as you manage your finances while studying abroad.

To ensure a quick and smooth process, scan the documents below and keep them ready before you fill out the application form. Here is the list of documents necessary for the SIB Fly High NRI Savings account opening online.

2 passport-size photographs
Proof of Identity (Copy of latest Passport with all pages)
Copy of student visa, admission letter / identity card from the university
Pan Card or Form 60
Permanent Address Proof (India or Abroad)
Oversees Address proof (if available)
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

To learn more about our account opening process, visit our NRI account opening Guidelines page