SIB-Pulse NRE Account

Discover the features of the SIB Pulse NRE Account, specifically tailored for medical professionals, to simplify financial management.

Average minimum balance of just Rs. 10,000/- only
Maintain a combined minimum balance of Rs. 10,000/- across 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/- and above
Access to International Debit card and free Internet/Mobile banking services
Free and unlimited Debit card transactions, NEFT / RTGS & DD / PO and ATM withdrawals
Free 25 leaves Cheque Books
Maximum 25% waiver on processing fee for Home Loans and Auto Loans based on approval from loan sanction authority
1000 SIB REWARD points on opening of NRE/ NRO account together

Check your eligibility for the NRE Account Opening Online for Medical Professionals to ensure a smooth and efficient account setup, saving you time and effort.

Who Can Open an NRE or NRO Savings Account?
NRIs (Non-Resident Indians)

Indian nationals residing overseas for employment - NRI Medical Professionals

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
Have a spouse who is an Indian national or another PIO

NRE Account opening online is a stress-free process for NRI medical professionals. Follow the simple steps below to take charge of your finances and enjoy tailored banking designed for your unique needs.

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.

Check out the transparent fees and charges for the NRI Account for Medical Professionals.

To ensure a quick process, have your documents ready before filling out the application form. Here's the list of documents needed to open your SIB Pulse NRE Savings Account.

2 passport-size photographs
Proof of Identity (Copy of latest Passport with all pages)
Pan Card or Form 60
Permanent Address Proof (India or Abroad)
Oversees Address proof
Proof of NRI Status
Proof of Employment
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