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Best NRE/NRO accounts for Indians

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Best NRE/NRO accounts for Indians

Postby sunbox » Sat, 15 Mar 2014 8:55 pm

Which is the best NRE/NRO account for Indians and one which can be opened from Singapore. Yes Bank seems to offer best interest rate on NRE deposits. I see DBS allows opening of NRE accounts.. @WD40, what are your thought on this ? As always thanks to this forum which provides great insight.

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Postby Wd40 » Sat, 15 Mar 2014 10:47 pm

NRE FD rates are pretty much same across all banks. Yes bank offers better rates for savings account. You could choose any bank. I personally use ICICI because in Bangalore, the branch is close to my house and I found it the easiest to open an account there in terms of documentation compared to HDFC bank which is also close to my house. Yes bank branches are kind of very rare.

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