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)