Which bank to choose while opening an NRI account in India?

NetBrain Technologies .0_0.
Jul 11 10 Comments

Which bank to choose while opening an NRI account in India?
Is it better to open the account while on a trip to India or shall I open it remotely?
I would be using the account to pay my education loan mostly so should I open an NRE or a NRO account?

I 'll start working in the USA soon.

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TOP 10 Comments
  • Bloomberg fviT75
    Avoid SBI. Too much documentation, not so great service.
    Jul 11 2
    • Amazon EYSN81
      +1
      Jul 11
    • Google referral
      +1. SBI expects you to visit their India office every 2 months and appear in person. Or else they block your account.
      Jul 12
  • Amazon
    The90sKid

    Amazon

    PRE
    Microsoft, Amazon
    The90sKidmore
    ICICI in India and Wells Fargo in the US have a partnership and international wire transfers from the US to India are free through their ExpressSend feature. Have had those 2 accounts for the last 11 years and it works great, easy to use apps and great customer service.
    Jul 11 0
  • Tata Consultancy Services KFCowner
    HDFC.
    Jul 11 0
  • 8x8 / Eng HlJM35
    ICICI bank, they have great customer support and investment plans.
    Jul 11 0
  • Amazon thatright
    Yes bank, they give highest interest on your savings account.
    Jul 11 0
  • Arista Networks jfkjfjci
    Kotak Mahindra is one of the best banks.

    Also please close all your resident accounts if you’re leaving India for couple of years at least. It becomes a big liability otherwise as it’s legally not allowed.
    Jul 11 0
  • PayPal anonymos17
    open nre account in any public bank example pnb , bom etc
    Jul 11 0
  • New NoYY61
    HDFC and SBI isn’t bad either.
    Jul 11 0

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