How to open NRE account?

An NRE account can be opened online or offline.

NRE account opening procedure:

1. Select a Bank that offers NRI banking services such as ICICI Direct, HDFC, Kotak Securities, etc.
2. Obtain the NRI account opening form from the bank’s website or branch.
3. Fill Out the Account Opening Form
4. Gather Required Documents: Personal Details, Identity Proof, Address Proof, and NRI-Status Proof documents.
5. Submit the Documents
6. KYC (Know Your Customer) Verification
7. Make an initial deposit to activate the account
8. Once the account is approved, receive the account details, cheque book, debit card, and Internet banking credentials.

In online account opening, the account opening form can be downloaded from the bank website and all information and documents can be submitted online. The KYC verification can also be performed virtually through video call.