NRE Cumulative

NRI Services > NRI Deposits > Recurring Deposits Rupees > NRE Cumulative

Secure your financial future with Union Bank of India's NRE Cumulative Deposit. Designed exclusively for Non-Residential Indians (NRIs), our NRE Cumulative Deposit offers a perfect blend of growth and convenience. With attractive interest rates and the power of compounding, your savings can grow exponentially over time. Union Bank's trusted reputation and seamless banking experience ensure that your investments are in safe hands. Start maximizing your wealth today with the NRE Cumulative Deposit!

Compounded Growth: Benefit from the power of compounding as your interest gets reinvested, allowing your savings to grow exponentially over time.
Competitive Interest Rates: Earn attractive interest rates on your NRE Cumulative Deposit, ensuring optimal returns on your investment.
Interest Payment Frequency: Interest will be calculated, compounded on quarterly rests and credited to the deposit account on half yearly interval. Interest accrued on the deposit will be paid along with principal at the time of maturity or one month after the deposit of last installment whichever is later.
Tax Exemption: Enjoy tax-free interest income on your NRE Cumulative Deposit, maximizing your earnings and reducing your tax liabilities.
Tenure Flexibility: Choose from a range of tenure options to suit your financial goals and investment horizon.
Repatriation: Easily repatriate both the principal amount and the interest earned on your NRE Cumulative Deposit as per RBI guidelines.
Joint Holding: Open an NRE Cumulative Deposit jointly with another NRI, providing convenience and flexibility in managing your investments.
Dedicated Customer Support: Access personalized assistance from our dedicated customer support team, ready to address your queries and provide guidance throughout your investment journey.