NRE

NRE Account Facility at Quilon Co-operative Urban Bank Ltd.

Quilon Co-operative Urban Bank Ltd. is proud to be authorized to offer NRE (Non-Resident External) account facilities to our valued Non-Resident Indian (NRI) customers. Our NRE services are designed to make your India-based financial transactions smooth, secure, and convenient—no matter where in the world you are.

✨ Key Features of Our NRE Facility

    ✅ Repatriable Funds: Funds in the NRE account are fully and freely repatriable to your country of residence.

    ✅ Tax-Free Interest: Interest earned is exempt from income tax in India.

    ✅ Joint Holding Allowed: Accounts can be opened jointly with another NRI.

    ✅ Safe & Regulated: Operated under RBI guidelines ensuring complete peace of mind.

   

Eligibility & Documents Required

    Must be a Non-Resident Indian (NRI) or Person of Indian Origin (PIO)

    Valid passport and visa/overseas residence proof

    Recent photograph

    Overseas and Indian address proof

    FATCA Declaration (as per RBI guidelines)