Equitas Explorer NRE Savings Account
Stay Connected to your Finances no matter where you sail!
Equitas Explorer NRE Savings Account
Stay Connected to your Finances no matter where you sail!
Features
Complimentary NRE International VISA Platinum Debit Card*
Complimentary Air Accidental Death Cover (Individual)#(On Registration)- 1 Crore
Overview
Equitas Explorer Savings Account is specifically designed for Seafarers and Mariners to help them manage their finances seamlessly no matter where they are! It is loaded with exclusive privileges and can be accessed globally making banking smooth and effortless.
Here are the Interest Rates
w.e.f. 01st July, 2025
Daily Closing Balance
Rate Slab
Up to Rs. 1 Lakh
2.75%
Above Rs. 1 Lakh up to Rs. 5 Lakhs
3.50%
Above Rs. 5 Lakhs up to Rs. 10 Lakhs
4.50%
Above Rs. 10 Lakhs up to Rs. 25 Crs
7.00%
Above Rs. 25 Crs
7.25%
Interest Rates calculated on the Daily Closing Balances of the Savings Account.
Interest gets credited on the last day of the Calendar Quarter once every 3 months.
NRE interest income is exempted from Tax under the Income Indian Tax
Interest rates are subject to change and please refer to the Bank’s Website for the latest rates.
To know more, give a missed call at +91 9971932222
Here are our Charges
Equitas Explorer NRE Savings Account SOC
w.e.f. from 6th June, 2025
Equitas Explorer NRE Savings Account SOCw.e.f. from 6th June, 2025
Eligibility Criteria
Debit Card Charges**
Cash & Cheque Book Charges
Payments
Doorstep Banking*
Other Charges
Eligibility Criteria
Eligibility Criteria
Average Monthly Balance (AMB) or Total Relationship Value (TRV)*
Rs.1 Lakhs CASA AMB or Rs.10 Lakhs TRV
AMB Non-maintenance charges
NIL
Locker Discount
25% Discount on Annual Locker Rentals
* TRV includes average monthly balance in Savings A/c, Current A/c, Fixed Deposits & Recurring Deposits.
** Default Debit Card. Customer may avail different card variant subject to availability & payment of issuance/AMC charges.
*** Equitas will charge for cash withdrawal outside India. However, charges may also be levied by Banks/Foreign Institution offering ATM Services.
# Terms & Conditions apply. Complimentary insurance can be availed on registration through Internet/Mobile Banking.
^ Service available only on at select ESFB branches in India.
Goods & Services Taxes (GST) as applicable will be levied on all charges mentioned.
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