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 typeNRO rupee current account for NRI individuals and institutions, funded by inward remittance or legitimate rupee dues in India; resident close relatives may hold jointly.View source
The official page describes funding, joint holding with a resident close relative and business use.
- Source
- Rupee Current Account
- Page / section
- Overview / Benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
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
Interest rateNo interest is applicable on deposits.View source
The official benefits section states no interest is applicable on deposits.
- Source
- Rupee Current Account
- Page / section
- Benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
RepatriationFunds are entirely non-repatriable, subject to the permitted current-income and NRO remittance rules.View source
The official benefits section states funds are entirely non-repatriable.
- Source
- Rupee Current Account
- Page / section
- Benefits
- Accessed
- 21 Aug 2026
- Confidence
- high
Residency eligibilityOnly NRIs can open the account; overseas corporate bodies cannot open it under the stated RBI date rule.View source
The states the -only rule and OCB exclusion.
- Source
- Rupee Current Account
- Page / section
- Accessed
- 21 Aug 2026
- Confidence
- high
Eligibility
- Only can open the account
- overseas corporate bodies cannot open it under the stated date rule.
Passing a listed condition does not mean the bank will approve an application.
