Canada

What's in store for you

Key Features of NRI Account for Indians in Canada

  • Opening HDFC Bank's NRI Accounts for Indians in Canada is now easier than ever. With a range of features, we provide straightforward and intelligent banking solutions.
  • Choose between Non-Resident External (NRE) and Non-Resident Ordinary Rupee (NRO) Accounts.
  • Transfer funds freely between Canada and India using your NRE Account.
  • Earn attractive interest rates on Fixed and Recurring Deposits with your NRE/NRO Account.
  • Interest earned on NRE Savings Accounts is tax-free in India.
  • Access multiple digital banking solutions for NRI Accounts in Canada, including 24x7 online transactions.
  • Appoint a Resident Indian as a mandate holder for seamless account management in India.
  • Enjoy a global shopping experience with an International Debit Card linked to your NRE Account.

More About NRI Account for Indians in Canada

Convenience

Our accounts offer a variety of features designed to provide convenient and efficient banking solutions. Choose from Non-Resident External (NRE) or Non-Resident Ordinary Rupee (NRO) Accounts to suit your needs.

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Seamless Fund Transfers

Easily move funds between Canada and India using your NRE Account.

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Competitive Interest Rates

Enjoy attractive interest rates on both Fixed and Recurring Deposits with your NRE or NRO Account.

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Tax-Free Savings

The interest earned on NRE Savings Accounts is exempt from taxes in India, allowing your savings to grow without tax implications.

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Round-the-Clock Digital Banking

Access a range of digital banking solutions for NRI Accounts in Canada, enabling 24/7 online transactions.

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Convenient Account Management

Appoint a Resident Indian as a mandate holder to manage your account operations in India seamlessly. 

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Global Shopping Convenience

Enjoy an enhanced global shopping experience with an International Debit Card linked to your NRE Account.

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You can open an NRI Account for Indians in Canada online with HDFC Bank by following these easy steps. Head to the website and click on NRI-> SAVE-> NRI Accounts-> NRI Savings Accounts-> NRI Account for Indians in Canada. 

*The (Most Important Terms and Conditions) for each of our banking offerings features all the specific terms and conditions that govern their use. You must go through it thoroughly to fully understand the terms and conditions applicable to any banking product you choose. 

Frequently Asked Questions

You can access the online application form here and follow the instructions to open an NRI Account for Indians in Canada with HDFC Bank. Here are the steps to open the account via the HDFC Bank website: 

  1. Go to the NRI section 

  2. Click on SAVE

  3. Select NRI Accounts

  4. Pick NRI Savings Accounts 

  5. Choose an NRI Account For Indians In Canada.

No, tax is not levied on the amounts deposisted and interest earned on the NRE Account in Canada. Besides that, the account is also free from wealth or gift taxes in India. 

Yes, HDFC Bank provides a convenient online option for NRIs based in Canada to open NRI Accounts in India. You can reach out to our customer care helpline for more details on the online account opening process.