Introduction
An NRE (Non-Resident External) Savings Account is a specialised banking account for Non-Resident Indians (NRIs), designed to help them to manage their earnings from abroad in India. It offers the advantage of total repatriation of funds, freely in a foreign currency, while ensuring liquidity and flexibility.
You can submit an Aadhaar Card for a NRE Account, but it is not a mandatory requirement.
No, an Indian address is not mandatory for opening a NRE Account with HDFC Bank. The bank accepts both Indian and overseas address proof documents.
To open a NRE Savings Account online with HDFC Bank, the following documents are required:
Photocopy of Valid Passport (ID Proof).
Copy of Permanent Account Number (PAN)/Form 60 (in the absence of PAN).
Proof of NRI Status - Copy of valid visa/work permit/Overseas Resident Card.