NRI Services > NRI Deposits > NRI Savings Account > Savings Flexi NRE

Savings Flexi NRE

Union Bank of India’s Savings Flexi NRE account is a flexible and beneficial banking option for Non-Resident Indians (NRIs). This account offers a host of features that make it an attractive choice for NRIs looking to manage their finances effectively. With Union Bank of India’s Savings Flexi NRE account, NRIs can freely repatriate their funds both in Indian and foreign currencies, allowing easy movement of money across borders. This account also provides competitive interest rates, ensuring that savings grow steadily. Moreover, it offers the convenience of Internet banking, enabling seamless transactions and easy access to account information. With its flexible features and attractive benefits, our Savings Flexi NRE account is an ideal choice for NRIs seeking a versatile and rewarding banking solution.

Minimum balance in SB

Rs 50,000/-

Sweep Out amount

Minimum of Rs 10,000 and in multiples of Rs 10,000 Up to Rs 1 Crore per day.

Periodicity of Sweep out

Daily

Sweep in amount

Rs.5,000/ and in multiples of Rs 5,000/-

Period of Term Deposit

1 year

Type of Debit card

Rupay Platinum NRE Debit Card

Debit Card charge

Issue charge –Free
Annual Maintenance charge – Applicable

Free ATM Transactions

Total Free ATM transactions are 8 per month (financial & non-financial) for own bank and other banks put together.

ATM Access at own bank ATM

First 8 transactions (financial + non-financial) per month Free

ATM Access to other Bank ATM

The first 3 transactions (financial + non-financial) per month at Metro or the first 5 transactions (financial + non-financial) per month at other centres are Free

ATM Cash Withdrawal Limit

Rs. 1,00,000/- Per day

ATM POS Limit

Rs. 2,00,000/- Per day

Airport Lounge Access

Airport lounge access at 20+ domestic and 100+ participating international airports

SMS banking charges

As per applicable charges

Personalized Cheque Leaves

60 leaves per year FREE.

DD

As per applicable charges.

RTGS, NEFT

Unlimited FREE

IMPS

As per applicable charges

Penalty for non-maintenance of min balance

NIL

Account closure -within 14 days or after 12 months

Nil

Account closure -Between 15 days to 12 months

As per applicable charges.

Frequently Asked Questions (FAQs)