NRO Current Account
Open Non-Resident Ordinary (NRO) Current Account online and experience non-interest bearing NRO Current Account for depositing Indian earnings and managing local payments.
NRO Current Account
Open Non-Resident Ordinary (NRO) Current Account online and experience non-interest bearing NRO Current Account for depositing Indian earnings and managing local payments.
Features
Non-Interest Bearing Account
Personal Virtual Relationship Manager
About the account
Enjoy our non-interest bearing NRO Current Account, which offers free online transactions, competitive Forex exchange rates, and offers on debit card spends, to help you manage local payments and deposit Indian earnings. Our Relationship managers are available by phone or email, and we are pleased to handle your service requirements related to banking in India while you are abroad.
NRIs and PIOs (Person of Indian Origin).Seafarers who are Citizens of India/ PIOs employed in shipping companies registered office in abroad.Government of India Employees with Diplomatic Passports working abroad.Students abroad, studying courses for a duration of one year and above with valid student visaNRIs
One Recent Colour Passport Size Photo.Copy of Passport Pages showing the details of Name, Date of Birth, Place of Birth, Issue and Expiry Dates, Parents Names, Specimen Signature and Photograph, latest stamping page.Copy of Valid Visa or Work Permit or Residence Permit.Proof of Mailing address whichever is selected in the Application form.All documents attested by yourself(self attestation) and additionally by officials of Equitas Small Finance Bank /Your Banker Abroad/Notary Abroad /Indian Embassy.Initial Payment Cheque more or equal to the Monthly Average Balance of your Current Account or the value you want to make a Fixed Deposit.PIOs
One Recent Colour Passport Size PhotoCopy of Foreign Passport Pages showing the details of Name, Date of Birth, Place of Birth, Issue and Expiry Dates, Parents Names, Specimen Signature and Photograph.Initial Payment Cheque more or equal to the Monthly Average Balance of your Current Account or the value you want to make a Fixed Deposit.If the place of Birth is other than India, please provide one of the following,1. Copy of Overseas Citizen of India(OCI) Card2. Copy of Indian Passport held by self/parent/grandparent/great grandparent at any time3. Copy of Indian Passport or OCI Card of the spouseIf the mailing address is different from the country of citizenship, provide a copy of valid visa.All documents attested by yourself(self attestation) and additionally by officials of Equitas Small Finance Bank /Your Banker Abroad/Notary Abroad /Indian Embassy.Seafarers
One Recent Colour Passport Size Photo.Copy of Passport Pages showing the details of Name, Date of Birth, Place of Birth, Issue and Expiry Dates, Parents Names, Specimen Signature and Photograph.Copy of Valid Transit or Work Visa or Copy of Continuous Discharge Summary (CDC) showing latest discharge summary or a declaration of sailing for the first time abroad.Copy of Valid Contract letter showing the Name of the Principal Company and address, Name of the Employee, Flag and Name of the Vessel, Name of the Port, Contract Commencement Date and Tenure and Salary in Foreign Currency.Merchant Navy Declaration in the Attached formatProof of mailing address if different from passport.All the documents has to be self attested as well as attested by Equitas SFB Staff.Address Proof Required
The following documents, where current address is mentioned, can be used as a Proof of Address. This address must necessarily be similar to the mailing address mentioned on the account opening form.| Document Considered for Communication Address Proof | Overseas | Indian |
|---|---|---|
| Copy of Passport | Yes | Yes |
| Copy of Bank statement / passbook duly signed by (no internet downloads, not more than 3 months old) Overseas or India based bank. If mailing address and bank a/c statement provided is of a Bank based in India, the statement should be of a NRI a/c or NR status should be certified by the bank on the statement. (Original Bank Statement required in case of Self-attestation) (The bank statement should be for a month or more and should not be more than 3 months old) | Yes | NA |
| Copy of Driving License(except driving license issued by the Govt of Maharashtra) | Yes | Yes |
| Employer’s Certificate indicating the address (Authorized Signatory, specifying the purpose of letter issuance as Account Opening on Company’s Letter Head) (Accepted only from certain countries). | Yes | NA |
| Copy of Credit card statement (not more than 3 months old) (Original in case of Self-attestation) | Yes | NA |
| Copy of Company ID card indicating the address | Yes | NA |
| Cert. from Indian Diplomatic mission stating the contact address | Yes | NA |
| Copy of Govt. ID card (SSN / Green Card / PIO card / OCI card) | Yes | NA |
| Copy of appointment letter indicating the address (on letterhead OR stamp) | Yes | NA |
| Copy of Utility bill (electricity/ piped gas/ Landline telephone / water / Mobile / Broadband /– not more than 3 months old) (Original in case of Self attestation) | Yes | NA |
| Copy of letter from University stating the address (for on-campus lodging) | Yes | NA |
| Copy of CDC issued by Govt. of India | NA | NA |
| Copy of Foreign Government card | Yes | NA |
| Copy of Permanent Singapore card** / Malaysian card | Yes | NA |
| Copy of Operator License (USA) | Yes | NA |
| Copy of Voter’s Identity (Election) Card | NA | Yes |
| Copy of Tenancy Contact Registration Certificate issued by regulated body (UAE) | Yes | NA |
| Copy of Wealth / Income Order (Not More than 6 months old) | Yes | NA |
| In the case of GCC (Gulf Cooperation Council) countries (If customer is providing any one of the documents mentioned in Point A below as address proof for overseas communication address then it is mandatory to also obtain the address proof of India. The local resident card mentioning the name of the sponsor (firm/company) can be used as overseas address proof; or The geography specific resident card mentioning the unique reference number can also be considered as the overseas address proof. | Yes | NA |
Our Charges
NRO Current Account SOC
w.e.f. from 6th June, 2025
NRO Current Account SOC w.e.f. from 6th June, 2025
Average Monthly Balance
NRO Account As Additional Add On Account Without Seperate AMB Requirement
Grouping With Family Accounts Or Business
Cheque Book Charges
Collections
Payments
Cash Charges
Other Charges
Certificate and Report issuance
Doorstep Banking
No. of Transactions
Average Monthly Balance
Average Monthly Balance (AMB)
₹ 5,000/- for Semi Urban and Rural Category Branches
₹ 10,000 for Metro and Urban Category Branches
AMB Non-maintenance Charges
No Charges Applicable
*Available on request at select locations only. Taxes as applicable will be additional
PAP: Payable At Par
NA: Not Applicable
SA: Savings Account
CA: Current Account
NRE: Non Residential External Account
NRO: Non Residential Ordinary Account
