Open NRE Savings Account - NRI Banking Services | Ujjivan SFB

NRE Savings Account

Our NRE Savings Account offers NRIs the opportunity to park foreign income in India and earn tax-free interest rates of up to 7.15%* p.a. Enjoy secure inward and outward remittance facilities, free RTGS and NEFT transactions, and more with Ujjivan SFB’s NRE Savings Account.

Key Features of our NRE Savings Account

Earn tax-free interest

Fully repatriable funds

Interest calculated on daily end of day balance and credited quarterly

Internet Banking & Mobile Banking facilities across borders - List of countries

NRE Savings Account

Cards You can Select

RuPay Classic Debit Card -

RuPay Platinum Debit Card -

Top Benefits of our NRE Savings Account

Higher interest rates up to 7.15%* p.a.

5 Free ATM transactions each across Ujjivan SFB and other bank ATMs

No minimum monthly average balance requirement

Remittance at competitive exchange rates

Free SMS facility to the registered Indian mobile number

Transaction SMS alerts will be sent only to the customer’s Indian mobile number if it is registered as the primary contact number. The same number can be used to download and activate Mobile Banking. If an international mobile number is the primary contact number, Mobile Banking can be accessed using that number; however, transaction SMS alerts will not be sent to it. International SMS OTP services may be available for select countries, subject to the Bank’s discretion and regulatory, operational, technical, and commercial requirements. The Bank may modify, suspend, restrict, or withdraw this service without prior notice. For the latest availability of International SMS OTP services, customers should contact their Branch or Relationship Manager.

Ujjivan SFB NRE Savings Account Interest Rate

Below mentioned are the Interest Rates with effective from 05th June 2026

Account balance

Rate of Interest (p.a.)

Up to ₹ 3 lakh

2.50%

> ₹3 lakh to ₹5 lakhs

3.00%

> ₹5 lakhs to ₹25 lakhs

6.50%

> ₹25 lakh to ₹25 Crore

6.75%

> ₹25 Crore

7.15%

You can find additional disclosures here

Digital savings account opening is not available for NR customers.

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FAQs

NRE Savings Account allows NRIs to park their foreign income in India and earn tax-free interest.

There’s no minimum balance requirement to maintain this account.

You can contact our 24/7 customer service at 1800 208 2121 / +91 80 6868 2121. Alternatively, you can write to us - customercare@ujjivan.bank.in

You can earn up to 7.15%* p.a. with Ujjivan SFB NRE Savings Account.

Yes, Internet and Mobile Banking facilities are available across borders.