In both situations, you must show official proof that you are an NRI.

Fill out the online form and wait for an HDFC NRI Banking representative to get in touch.

Apply in person, go to an HDFC Bank branch in India that is close to you.

You can open an NRI account with HDFC in two main ways.

RFC Savings Account allows you to keep the money you earn abroad in a foreign currency and get INR from it.Ģ.

Health, accident, travel, and life insurance are all considered.

RFC FDs are used to hold FDs in a foreign currency to lessen the exchange rate risk.

Demat, offshore investments, mutual funds, and loans against the securities for protecting and growing your earnings.

RFC Overdraft against the FD to manage cash flow for a savings or current account.NRI Premium Salary Account for the higher daily withdrawals limits and a platinum debit card.įor NRIs returning to India, HDFC provides accounts to make the process of income from abroad back to India and moving earnings, with an eye towards exchange rates.This account is for mariners and crew members who work for shipping companies.NRI Regular Salary Account is for regular salary income in India and has better rates for sending money back home.NRI Salary accounts allow you access to salaries earned in India and for use abroad and back home.You can use an NRE current account to send money back home and give family members in India access.

NRO current account for the income earned in India.

With an HDFC NRI current account, you can hold on to Indian rupee earnings, send money back to India, and even deposit foreign earnings.

RFC Savings Accounts are for keeping money made in a foreign country.

NRO Savings Accounts are for money made in India.

NRE Savings Accounts are for money made outside of India.

Like an average Indian savings account, NRI Savings accounts are the standard bank accounts for Indian citizens and OCI/PIOs living abroad for family, work, or studies. HDFC Bank offers NRI bank accounts under four different categories

Charges for receiving money internationally with HDFCġ.

HDFC Bank Remittance (International Money Transfers).

Interest rates for HDFC NRE & NRO Savings accounts.

How to open an account in HDFC as an NRI.

HDFC Bank offers NRI bank accounts under four different categories.

If you are an Indian citizen who lives abroad for about 182 days a year or is about to do so, you will need to change your Indian bank account into an NRI account. Find out about the different plans HDFC has and see if any of them will work for you when you go abroad. NRIs can choose from a wide range of bank accounts at HDFC Bank.

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