NRI ACCOUNT

VB-GOOD MORNING SIR I AM RAJENDRA PRAJAPATI FROM ICICI BANK YOU REMEMBER THAT TO DAY
ISOUR APOINTMENT REGARDING NRE ACCOUNT.

CO-YES SIR I REMEMBER THAT PLEASE COME IN AND SIT HERE

VB-THANK YOU SIR

CO-HAVE YOU TAKE TEA OR COFEE SIR

VB-NO SIR ITS OK BECAUSE TODAY WETHER IS VERY HOT

CO- YES SIR

VB- THIS IS YOUR OWN HOUSE SIR

CO-YES THIS IS MY OWN HOUSE

VB-THAT GREA SIR I THINM YOUR SON LIVING IN USA AM I RIGHT

CO-YES HE IS A ENGINEER IN USA,I WILL ALSO GO THERE WITH ALL FAMILY.

VB-GOOD JOB SIR

CO- FOR THIS REASON I WANT TO OPEN AN NRE ACCOUNT THAT WE CAN USE THIS ACCOUNT AND SAVE
SOME MONEY IN NRE ACCOUNT THAT’S WE CAN USE IN INDIA

VB-YES SIR THIS ACCOUNT WIOL BE VERY USEFUL FOR YOU

CO-WHAT IS ELIGIBLITY OF NRE ACOUNT

VB-AN INDIVIDUAL HOLDING A FOREIGN PASSPORT (OTHER THAN PAKISTANI AND BANGLADESHI ) WHO: HAS
HELD AN INDIAN PASSPORT AT ANY POINT OF TIME . PARENT OR THEIR GRANDPARENT WAS CITIZEN OF INDIA BY
VIRTUE OF THE CONSTITUTION OF I NDIA OR INDIA CITIZEN ACT 1955. IS A SPOUSE OF AN INDIAN CITIZEN OR
SPOUSE OF PIO.

CO-WHAT IS BENEFITS OF NRE ACCOUNT.

 VB-TAX BENEFITS: INTEREST EARNED NOT TAXABLE IN I NDIA .

 EASY MOVEMENT OF FUNDS: FUNDS IN NRE ACCOUNT ARE FULLY & FREELY REPATRIABLE .
 LOW BALANCE REQUIRED : MINIMUM MONTHLY ACCOUNT BALANCE AS LOW AS ₹ 10,000 ONLY
 ANYTIME, ANYWHERE ACCOUNT ACCESS : WITH INTERNATIONAL ATM-CUM-DEBIT CARD, CONVENIENT ACCESS AT
OVER 11,000 ATM S AND OVER 3,000 BRANCHES ALL OVER INDIA, AND PHONE AND 24 X7 INTERNET BANKING .
 BENEFICIAL INTEREST RATES:INTEREST RATES AT 4% PER ANNUM FOR END OF DAY BALANCES EQUAL TO OR ABOVE
INR 50 LACS AND 3.50% PER ANNUM FOR END OF DAY BALANCES BELOW INR 50 LACS.
 LOW COST AND HASSLE ** -FREE MONEY TRANSFERS : AVAILABLE THROUGH VARIOUS ONLINE AND OFFLINE MODES
AT COMPETITIVE EXCHANGE RATES
 MONEY2INDIA: SAFE AND SIMPLE ONLINE MONEY TRANSFER TRACKING SERVICE WITH ONLINE TRANSFER TO OVER
100 BANKS IN INDIA.
 JOINT HOLDING: WITH ANOTHER NRI.
 MANDATE BENEFITS: FREE CHEQUE BOOK AND ATM CARD FOR MANDATE HOLDER .
 NRI ADVANTAGE : HANDPICKED EXCLUSIVE OFFERS CATERING TO YOUR NEEDS WHEN IN INDIA AS WELL AS WHEN
ABROAD

CO- THAT’S GREAT SIR NOW TALE ME WHAT IS MAB RECUIRED FOR THIS ACCOUNT

 VB-YOU NEED TO MAINTAIN A MONTHLY AVERAGE BALANCE OF INR 10,000 AT ACCOUNT LEVEL OR INR 25,000
AT C USTOMER ID LEVEL .

CO-IS INTEREST EARNED ON NRE SAVINGS ACCOUNT TAXABLE IN INDIA?

VB-NO. INTEREST EARNED ON NRE SAVINGS ACCOUNT IS NOT TAXABLE IN INDIA.

CO-Can I open my account with any currency?

VB-Yes, you can open your account with any convertible currency. We will convert your
currency into rupee and open the NRE Savings Account. Your NRE Savings Account will be
maintained in only rupee.

CO-Can I have joint holders for my NRE Savings Account?

VB-Yes. You can hold your NRE Savings Account jointly with other Non-Resident Indian(s) and
Resident Indians*. You can also register nomination for this account.

CO-What is the interest rate payable in NRE savings Account?

VB- interest for all rupee savings accounts will be calculated on the daily closing balances
maintained in the account. Interest will be paid at 4% per annum ( for end of day balances equal
to or above INR 50 lacs ) and 3.50% per annum (for end of day balances below INR 50 lacs).
Interest so calculated is rounded off to the nearest rupee, ignoring fractions of a rupee

CO-What are the documents that I have to submit to open a NRE Savings Account?

o VB-hotocopies of:
 Passport: First and last four pages of the passport (pages with your name, address, date of birth, date and place of
issue, expiry date, photograph and signature).
 Valid work permit/employment visa/Residence Visa/Residence Permit.
 PAN Card copy or Form 60 (If not applied for a PANV CARD
 FATCA / CRS Declaration
 CKYC Annexure
 Address proofs: View complete list of Indian and overseas
CO-CAN I APOINT A NOMINEE FOR THIS ACCOUNT

VB-SURE SIR YOUU CAN APPOINT A NOMINEE.

CO-CAN I GET DEBIT CARD AND CHECKBOOK FOR THIS ACCOUNT

VB-SURE SIR YOU CAN USE ATM AND CHECK BOOK FOR THIS ACCOUNT

CO-CAN I USE NET BANKING

VB- YES SIRU CAN USE TOTAL I KIT FOR THIS ACCOUNT

CO-CAN I CHANGE MY ADDRSS,E MAIL ID,MO NO IN THIS ACCOUNT ANYTME

VB- YES YOU CAN CHANGE IT

CO-OK SIR THEN YOU CAN OPRN MY ACCOUNT

VB-SURE SIR PLESE FILL THIS FORM AND ATTECHED ALL DOCUMENT I UPLOAD IT AND OPEN YOUR
ACCOUNT

CO-OKSIR I FILLED THIS FORM

VB-OK

CO- OK SIR I FILED THIS FORM AND I FILLED DETAIS ALSO OF NOMENEE

VB-OK SIR SIGN HERE

CO-YES SIR

VB-CAN I TAKE YOUR PICTURE

CO-OK SIR

VB-THANK YOU SIR ONCE CHECK YOOUUR DETAILS AND THAN I WILL SUBMIT IT.

CO- ALL DETAILS ARE CORRECT YOU CAN SUBMIT IT

VB-THANK YOU SIR YOUR ACCOUNT WILL BE ACTIVATE IN 2-3 WORKING DAYYS

CO- THANK YOU SIR

VB- THAN YOU FOR BANKING WITH ICICI BANK HAVE A NYC DAY SIR

IF YOU HAVE ANY REFERENCE THAN TELL ME

CO- SURE SIR

VB-THANKS SIR