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The NRO 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 NRO Savings Account fees are however subject to certain waivers.
Monthly Average Balance | Rs. 10,000 |
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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 |
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Replacement Fees | Rs. 100/- |
Chequebook Fees |
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Account Closure Fees |
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RTGS Fees |
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NEFT Fees |
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For complete details of fees and charges, check Schedule of charges for NRI accounts |
Mahesh is a Non Resident Indian (NRI) living in the UK. He is doing well in the business that he set up there....