BEST FOR

NRIs managing India-linked finances

  • NRE and NRO savings options

  • Repatriation as per account type

  • Manage Indian income sources

  • India-linked Rupee savings

  • NRI-focused account support

You get what you see

Banking you can trust with complete transparency and no hidden costs or charges.

Why choose us?

  • Established NRI Banking Presence

    ICICI Bank Hong Kong brings experience in supporting NRIs with India-linked banking through well-structured and compliant account offerings.

  • Clarity and Transparency

    Clear communication on account features, charges and conditions helps NRIs make informed banking decisions with confidence.

  • Reliable Banking Environment

    Accounts are supported by defined security and access controls, helping ensure safe and dependable banking for NRIs.

About

Who Can Open Rupee Savings Account?

Rupee Savings Accounts are meant for Non-Resident Indians. NRIs can choose between NRE or NRO accounts based on whether their income is earned outside or within India.

NRE Savings Account

Use an NRE Savings Account to hold foreign income in Indian Rupees. Interest earned is tax-exempt in India and both principal and interest are fully repatriable.

NRO Savings Account

An NRO Savings Account helps manage income earned in India, such as rent or pension. Interest is repatriable after tax, with transfers allowed up to USD one million per year.

Premium Account Choices

NRIs can upgrade to NRI Premia or NRI Select accounts, available as NRE or NRO, offering personalised service, priority support and benefits for family in India.

FAQs

What is the difference between NRE & NRO Accounts?

NRE Accounts are tax-free and allow foreign earnings deposits, while NRO Accounts manage Indian income with applicable taxes.

Are there any tax benefits on NRI accounts?

Interest earned on NRE accounts is tax-free, while NRO accounts is taxable as per Indian laws.

How can I transfer funds to my NRI account?

You can use wire transfers, remittance services, or direct bank deposits to fund your NRI account.

VIEW ALL FAQs

 

 

 

Disclaimer for Products available in India for NRIs

"ICICI Bank Limited, India ("ICICI Bank") is incorporated in India and regulated by the Reserve Bank of India ("RBI") and maintains its corporate office in Mumbai, India. Products and services mentioned herein are provided by ICICI Bank and is subject to product/service specific terms & conditions are also subject to RBI rules/regulations and/or other applicable laws of India. Please familiarize yourself with the terms and conditions applicable, available at www.icici.bank.in. Nothing herein is intended to constitute legal, tax, securities or investment advice, or opinion regarding the appropriateness of any investment or a solicitation for any product or service. The use of any information set out herein is entirely at the recipient's own risk."

Disclaimer

PROCEED