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Rupee Current Account

Bank of Baroda

Account typeNRE rupee current account for NRI individuals and institutions, opened by permitted remittance from abroad and useful for business transactions.Interest rateNo interest is applicable on the current-account deposit balance.Minimum balanceMonthly average balance ₹50,000.
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Quick eligibility check

Rupee Current Account

0 of 1 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: overseas corporate bodies cannot open the account under the stated RBI date rule?

Published source: Residency eligibility
0 of 1 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 30 Aug 2026 · active
Offered byBank of Baroda

India; eligibility, branch and channel availability follow the official product terms

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Account typeNRE rupee current account for NRI individuals and institutions, opened by permitted remittance from abroad and useful for business transactions.View source
The official page describes current accounts for business transactions and remittance from abroad.
Source
Rupee Current Account
Page / section
Overview / Benefits
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
CurrencyIndian rupees (INR).View source
The product is an rupee current account.
Source
Rupee Current Account
Page / section
Product type
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Minimum balanceMonthly average balance ₹50,000.View source
The official states that a monthly average balance of ₹50,000 is to be maintained.
Source
Rupee Current Account
Page / section
— Monthly Average Balance
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Interest rateNo interest is applicable on the current-account deposit balance.View source
The official benefits section states that no interest is applicable on deposits.
Source
Rupee Current Account
Page / section
Benefits
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
RepatriationFunds including interest can be repatriated, subject to applicable FEMA/RBI rules.View source
The official benefits list states that funds including interest can be repatriated.
Source
Rupee Current Account
Page / section
Benefits
Accessed
21 Aug 2026
Confidence
high
Open official source ↗
Residency eligibilityNRIs; overseas corporate bodies cannot open the account under the stated RBI date rule.View source
The says only can open the account and excludes overseas corporate bodies from 16 September 2003.
Source
Rupee Current Account
Page / section
Accessed
21 Aug 2026
Confidence
high
Open official source ↗

Eligibility

  • overseas corporate bodies cannot open the account under the stated date rule.

Passing a listed condition does not mean the bank will approve an application.

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Account interest estimate

See roughly how much interest a steady account balance could earn over the period you choose.

Interest you may earn₹2,700two thousand seven hundred rupees
Balance including interest₹1,02,700one lakh two thousand seven hundred rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

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