Within 14 days, his NRI account was opened and after 2 days, he got a package from Chennai that contained his internet password and ATM pin. He went to Citibank’s open house in Berkeley and submitted his details to the official.
An NRI who had a bad experience with another Indian bank decided to open a Citibank NRI account. There are mixed opinions about Citibank’s NRI services. However, this interest rate is lower than that offered by many other Indian banks, such as ICICI, which offers 4% interest on all types of savings accounts, including NRI accounts. The interest is deposited in your account quarterly, in the months of December, March, June and September. This interest rate is applicable for both NRE and NRO accounts. You get an interest rate of 3.5% per annum on your savings in a Rupee Checking account. The interests offered on savings accounts generally vary from bank to bank. Moreover, their 24*7 customer care service is always there for assistance. You can also order Demand Drafts online and get them delivered to over 1,100 different locations in India for free.Ĭitibank also provides special discounts and privileges at select merchants and restaurants across India. It offers free online banking services, including online transfer to any other Indian bank, without any charges, and special access to select international and national airport lounges in India. Citibank NRI Account BenefitsĬitibank provides efficient fund management services and banking solutions for its NRI account holders.
Citibank ensures the highest levels of privacy and security for all your personal and official details.
Special features for the NRO account include a debit card valid in India, convenient fund transfer from NRO or any other bank account and repatriation up to $ 1 million for each account holder. The NRE account offers services like debit card, which is valid globally, free repatriation of funds in foreign currency and easy overseas funds transfer. Citibank offers various special features for its NRI account holders, such as free online banking services, free cheque book and convenient options for transferring funds.
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