No matter where you stay, we take care
Savings account for non-residents of UAE.
Saving Account (NRE)
-
Key features
-
Documents Required
-
Charges
Saving Account (NRE) : Key features
- For non-residents of UAE, who are either GCC Nationals or Indian national including Person of Indian Origin.
- For investment, maintenance of their property in UAE etc.
- Account can be opened in AED, USD, GBP and EUR currency
- Interest *0.40% p.a. (subject to change)
- No cheque book facility
- All A/cs are opened based on KYC guidelines as prescribed by the Central Bank of the UAE
- Remittance to India through ATM/Internet Banking/Mobile Banking
Saving Account (NRE) : Documents Required
- Duly filled account opening application form (signed in front of bank officials)
- Document justifing to have financial intrest in UAE
- Copy of Passport
- Two recent passport-size photographs
- Copy of current address proof
- Valid Identity proof (like EID in UAE)
- Original documents to be presented for verification
Saving Account (NRE) : Charges
As applicable from time to time, please refer Service charges guidelines separately or click Service charges to see more details.
Request Callback
Please fill in these details, so we can call you back and assist you.
-
What is a NRE & NRO Savings Account?
- NRE (Non-Resident External) Savings Account is for NRIs to deposit and manage their foreign earnings.
- NRO account is opened in India by NRIs to handle income earned within the country, such as rent, dividend, pension, interest, etc.
-
How do I open a NRE and NRO Savings Account with Bank of Baroda UAE?
- To open an NRE savings account, visit the NRI service section on our website and fill out the application form.
- Alternatively, you can personally visit one of Bank of Baroda's branches in the UAE for in-person account opening.
- You can also call our toll-free number 800-BARODA (800227632) for assistance with opening an NRE savings account
-
Who is eligible to open a Savings Account NRE and NRO with Bank of Baroda UAE?
- Bank of Baroda UAE allows Non-Resident Indians (NRIs), Persons of Indian Origin (PIOs), and overseas citizens of India (OCIs) to open NRE and NRO Savings Accounts.
- Eligible individuals must possess a valid Indian passport or PIO/OCI Card.