Get the following benefits with an ING NRE Savings:

International Debit Card:
Like an ATM card, you can use it to shop at over 80 lakh establishments in 140 countries or withdraw cash from 6.3 lakh Maestro-Cirrus ATMs and over 5.6 lakh ATMs across the globe in the currency of that country, while the account gets debited in India in Rupees.

ATM cum International Debit Card for self:
Use this card at all ING ATM locations.

Letter of Mandate:
You can give a letter of mandate/POA to your local representative in India who can operate the account on your behalf (mandate form).

Personalized Chequebook:
You get a personalized chequebook that is issued on the NRE Savings Account.

Net Banking:
Now, a FREE, safe and secure way to view your accounts. Using the highest level of encryption, for maximum security, pay your utility bills in India, transfer funds between your accounts or to third parties within the bank, all at the click of a mouse

Bill Pay:
Use this convenient facility to pay your electricity, phone and mobile phone bills.

Nomination Facility:
Nomination is allowed in NRE Accounts.

FREE Quarterly Statements:
Get Quarterly Statements at your mailing address generated as of 31st March, 30th June, 30th September and 31st December. Monthly statements and Duplicate statements are available for a fee.

AAA Banking:
Enjoy the convenience of banking at any of our 350 profile branches in India.

 

Repatriation:
You can easily transfer out of India, your balances held in the NRE Account, along with interest earned, without the prior approval of the Reserve Bank Of India.

Tax Exemptions:
Interest earned on an NRE Account is exempt from Income Tax. (Under clause 4(ii) of Section 10 of the Income Tax Act, 1961. Likewise, balances held in such accounts are also exempt from Wealth Tax in terms of Section 6(ii) of the Wealth Tax Act, 1957.) The above tax exemptions are available only for a NRE Account held by an individual and not for those maintained by OCBs (Overseas Company Bodies).

Safe Deposit Locker:
Safe deposit locker at certain branches, for your valuables and important documents.