The NRE Savings Account fees and charges include annual fees, replacement fees, chequebook fees, account closure fees, transfer fees and certain penalties (if any, such as minimum balance penalty) amongst others. Some NRE Savings Account fees are however subject to certain waivers.
Monthly Average Balance |
Rs. 10,000 |
If Monthly Average Balance is not maintained |
Rs. 10 per Rs.100 of the shortfall from Average Monthly Balance Requirement OR Rs. 500, (plus GST) whichever is lower with a minimum charge of Rs.100 |
Debit Card Issuance Fees |
Rs. 95 |
Annual Fees |
- Metro/Urban - Rs. 100
- Semi Urban/ Rural - Rs. 50
|
Replacement Fees |
Rs. 100/- |
Chequebook Fees |
- One multicity chequebook free per quarter (20 leaves)
- Beyond free limit - Rs. 50 per chequebook
|
Account Closure Fees |
- Account closed <= 14 days or > 6 months from the date of account opening - Nil
-
Account closed >14 Days to <= 6 months from the date of account opening - Rs. 500
|
RTGS Fees |
- Rs. 1 to Rs. 5 Lakhs - Rs. 25 per transaction
- Above Rs. 5 Lakhs - Rs. 50/- per transaction
- W.e.f. 1st May 2018, RTGS Fees : Nil
|
NEFT Fees |
- Upto Rs. 10,000 - Rs. 2.5 per transaction
- Rs. 10,001 - Rs. 1 lakh - Rs. 5 per transaction
- Rs. 1 lakh - Rs. 2 lakhs - Rs. 15 per transaction
- Above Rs. 2 Lakhs - Rs. 25 per transaction
- W.e.f. 1st May 2018, NEFT Fees : Nil
|
For complete details of fees and charges, check Schedule of charges for NRI accounts
|