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Types of NRI Accounts
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Frequently Asked Questions
An NRI Account is a bank account custom-made to enable Non-Resident Indians (NRIs) to save their foreign earnings in India and manage their Indian and foreign currency finances effortlessly. At HDFC Bank, we offer a range of NRI Accounts, including NRI Savings, Current, Salary, Fixed Deposit and Recurring Deposit Accounts. NRIs can easily access these accounts, whether in India or from abroad.
An NRI Account is a general term used to describe the accounts offered by HDFC Bank to Non-Resident Indians. An NRE Account, on the other hand, is a specific account that allows NRIs to park their foreign earnings in India. The foreign currencies are converted to INR and the funds in the NRE Account are fully repatriable.
To be eligible for a NRI Account at HDFC Bank, you must be a Non-Resident Individual of Indian nationality or a Person of Indian Origin (PIO).