NRE Premium A/c
non residential (external) rupee premium savings account
Learn more about the Non Residential (External) Premium Savings Bank Account from TMB.
This account enables NRIs to have a premium operative account in India and save in India at higher rate with repatriation benefits and many free premium value added facilities.
- Purpose
- To attract high net worthy NRI Customers.
- Eligibility
- ALL Non Resident Individuals of Indian Nationality or Indian Origin.
- Initial Balance
- Nil.
- Balance in the account
- Minimum Quarterly average Balance Rs. 2,500.
- Periodicity of interest payment
- Interest is payable half yearly.
- Nomination Facility
- Available.
- Value Added Facilities
- Waiver of minimum balance requirement in the first quarter of opening the account.
- Free Multicity Cheque books [60 leaves in a year] with free Any Where Banking facility
- Instant credit of Cheque / DD to the tune of Rs. 15,000. *
- No Collection charges for collecting demand drafts payable at other centres. Applicable postage and service tax will be collected.
- Demand Draft / Local Draft facility: Free upto Rs. 50,000 and thereafter at Rs. 1 per Rs. 1,000 thereof.
- Funds transfer by FTFT / NEFT: Free upto Rs. 1,00,000.
- Intra City: Cash Remittance: Not applicable. Cash Payment at Parent Branch: Free and no limit. Cash Payment at Satellite Branch: Free and no limit in case of Self and Rs. 10,000 in case of Third party. Transfer: Free.
- Waiver of demat account opening charges and first year AMC Charges.
- Free SMS Alert Facility to local mobile.
- Free ATM Card.
- No charges for both ECS debit and credit transactions.
- Free Internet Banking.
- No Folio / Transaction charges.
- Facility for opening Offline Share Trading account with M/s. Religare Securities Limited.
- Account Statements
- Free monthly e-mail statement.
Download the Application Form:
