IndusInd Bank NRI Accounts: Guide for Non-Resident Indians


IndusInd Bank, one of India's leading private sector banks, offers a comprehensive suite of banking solutions tailored specifically for Non-Resident Indians (NRIs). With a focus on convenience, flexibility, and seamless international transactions, IndusInd Bank NRI accounts cater to the unique financial needs of Indians residing overseas.

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  • Mid-Market Rates: Get the exchange rate you see on Google, unlike the marked-up rates offered by banks.
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Types of IndusInd Bank NRI Accounts:

NRE (Non-Resident External) Account

  • Designed for NRIs who earn income outside India.
  • Offers tax benefits on interest earned.
  • Allows repatriation of funds without any restrictions.

NRO (Non-Resident Ordinary) Account

  • Suitable for NRIs who have income in India.
  • Interest earned is subject to taxation in India.
  • Convenient for managing expenses and investments in India.

FCNR (Foreign Currency Non-Resident) Account

  • Ideal for NRIs who wish to save in foreign currencies.
  • Offers attractive interest rates and tax benefits.
  • Ideal for NRIs who wish to save in foreign currencies.

Eligibility Criteria for IndusInd Bank NRI Accounts:

  • Indian passport or Overseas Citizen of India (OCI) card
  • Proof of address in the country of residence
  • PAN card (Permanent Account Number)
  • Other documents as required by the bank

Benefits of IndusInd Bank NRI Accounts:

  • Competitive interest rates
  • Secure and reliable banking services
  • Convenient online and mobile banking
  • Dedicated NRI customer support

IndusInd Bank NRI accounts offer a comprehensive suite of banking solutions tailored to the needs of non-resident Indians. With competitive interest rates, secure banking services, and convenient online and mobile banking, IndusInd Bank makes it easy for NRIs to manage their finances. Additionally, integrating with Wise ( provides NRIs with a convenient and cost-effective way to send money to India.

Beyond Transfers: Simply your NRI financial life with Wise

Wise offers an ideal alternative to banks for global expats with roots abroad. Take a look at the Wise multi-currency account available for residents living in supported countries. Enjoy an account as worldly as you are and spend just like a local when you travel abroad with a linked debit card, while also paying less in fees.


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*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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