NRE Employee Banking Account
The NRE Employee Banking account is an account offered to employees of Corporates in India who are based in overseas location.
- No minimum balance requirement
- Free employee banking platinum cards
- Free cash withdrawals in any VISA ATM in India
- Preferential Forex conversion rates
- Insta account opening facility available
- 24 x 7 account access through Secure Internet Banking and Phone banking
- No tax deduction at source on interest income
Accounts for Returning Indians
The RFC accounts offer the best solution for NRI’s returning to India. These accounts allow you to hold foreign currency even on your return. You have the option of maintaining the RFC accounts in the form of a Savings or a Term Deposit Account.
RFC Savings Account
Standard Chartered Bank’s RFC Savings account is ideal for NRI’s like you, if you have returned to India and need an account to maintain your funds in foreign currency.
- Currency options: USD, GBP EUR, JPY & AUD.
- You can remit funds in any convertible currency; the funds will be converted to the above currencies based on your choice.
- Balances & Interest earned is fully repatriable1
NRI 3 in 1 Account1
NRI 3 in 1 Account is an efficient combination of a Savings Bank Account from Standard Chartered Bank with a Demat and Trading Account with Standard Chartered Securities India (SCSI). The account offers the flexibility to open an NRE Portfolio Investment Scheme (PIS) Account, NRO Portfolio Investment Scheme (PIS) Account, 3 in 1 NRE Savings Account, 3 in 1 NRO Savings Account using a single account opening form.
You can now open either an NRE 3 in 1 Savings Account1 or an NRO 3 in 1 Savings Account1 or both and enjoy the following benefits:
- Free any where banking facility that allows you to transact from any Standard Chartered Bank branch1 in India
- Globally3 valid Visa Platinum Debit card that offers:
- Higher limits for ATM withdrawals & purchases
- Zero Fuel Surcharge across Petrol pumps in India
- Exciting Discounts & offers on Dining
- Free multicity cheque book that allows you to issue cheques drawn on any of our branches1 across India.
- Secure net banking facility2 to view your account as well as conduct transactions.
- Free phone banking for 24X7 access to your account.
Please Click to know more about the Demat and Trading Account.
Portfolio Investment Scheme (PIS) Account
You can now open either an NRE PIS Savings Account or an NRO PIS Savings Account or both and enjoy the following benefits:
- Seamless reporting to RBI and compliance of statutory regulations on customer’s behalf
- Calculation of capital gains tax liability and issuance of tax deduction certificate based on the information furnished to the bank
- Standing instruction facility for transfer of funds from linked NRE/NRO Savings Account in case of a shortfall in PIS Account towards share purchase
- No cheque book/ATM card/Debit card would be issued for PIS Accounts
Please Click to know more about the Demat and Trading Account.