State Bank of India   About Us | FAQs | Contact Us SBI NRI Services
   
   
Announcements
Fresh KYC requirement for the accounts older than two years. Please submit documents for re-KYC. Click here to know more.


Retrieval of Login password for Internet banking facility made easier. Please click here to know more.


Customer Account Position on email address


Place a request for outward remittance or funds transfer from your NRE or FCNR (B) account using Internet Banking facility. Please click here to know more.


Place a request for disposal of Inward Remittance sent to NRI accounts using Internet Banking Facility. Please click here to know more.


Availing Internet Banking facility made easier. Please click here to know more.


Now you can add, change, cancel or inquire a nominee in your NRE / NRO savings bank or NRE / NRO / FCNR (B) deposit accounts through Internet Banking (INB) facility. Please click here to know more.


Activation of Debit card and generation of PIN instantly through Internet Banking. Please click here to know more.


Create Overdraft (OD) account against your NRE / NRO deposit through internet banking. Please click here to know more.
Locators
NRI Branches
NRI Intensive Branches
Other Branches
ATM
Calculators
Maturity Value
EMI
Home > NRE / NRO account opening procedure

NRE / NRO account opening procedure

NRE / NRO savings bank account can be opened as per any of the following mode:

  • Through online mode: Please click here to fill application online and send it to concerned SBI LCPC in India as per the steps mentioned therein.
  • By visiting SBI Foreign Office or our associated Exchange House: Please click here to download the account opening application, fill it manually and submit it to our nearby office in your current country of residence. Please click here to check whether office in your country is permitted to obtain and send account opening application to branch in India or not. If it is not permitted, then they will not be able to accept the application and you have to directly post / courier it to your preferred home branch in India.

    Please note that our offices in Bahrain, Bangladesh, China, Germany, Mauritius, Mustafa Sultan Exchange Co in Oman, South Africa and Sri Lanka also offers instant NRI account facility i.e. NRE / NRO savings bank account number will be provided to customer there itself on submission of the application. This facility is also offered by our Relationship Managers (RMs) posted at Al Ansari Exchange and UAE Exchange in UAE. Such accounts will be activated within 2-3 working days.
  • By sending it to SBI Branch in India: Please click here to download the account opening application, fill it manually and post / courier it to your preferred home branch in India, along with the attested copies of proofs & documents selected for KYC in the application. Please note that account opening applications coming through email cannot be acted upon.
  • By visiting a SBI Branch in India in person: Please fill and submit application along with proofs & documents selected for KYC in the application by visiting a SBI branch in India. Please ensure to carry originals of the documents / proofs for cross-verification by the branch official.

Please note: If you are maintaining a Resident Indian (domestic) account (s) with SBI, then either it needs to be converted into NRO account or to be closed down before opening a new NRE / NRO account, as an NRI cannot maintain a domestic account.

In order to convert existing domestic account to NRO account, please download a standard request letter for converting resident Indian savings bank account into NRO savings bank by clicking on ‘For converting resident Indian savings bank account into NRO savings bank account on change of residential status’ from ‘Download Forms’ and post / courier it to your home branch along with supporting documents mentioned in the letter. Please note that such request coming through email cannot be acted upon, due to security reasons. Please also note that:
  • No conversion charges will be levied for conversion
  • No loss of interest (but no senior citizen benefit, in case you are getting some senior citizen interest benefit)
  • Taxation will be as applicable on NRO deposits
Download Forms
  Account opening form
  NRI Home Loan form
  NRI Car Loan form
Click here for more
Quick Links
  Online Banking
  Interest Rates
  Service Charges
  NRE / NRO account
opening procedure
  Modes of Banking
  Scope of NRI services at
SBI Foreign offices
  SWIFT Codes
  Feedback
Click here for Apply an Account Online
Click here for Track Account Opening Application
Click here for NRI Home Loan
Click here for NRI Car Loan
Let us Contact You
Disclaimer | Privacy Statement | Disclosure | Terms of Use