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Banking Guide

Indian NRI accounts and expat-friendly banks in your country of residence.

NRE / NRO / FCNR(B)Local banks by countryUPI and FEMA rules

Country

Netherlands

Local Banks

4 options

Rates

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Banking lane

Choose the account path before comparing details.

NRE, NRO, FCNR, local banking, UPI, and overseas branches solve different NRI banking jobs.

01

India accounts

Use NRE, NRO, and FCNR rules to separate foreign income, India income, and currency deposits.

NRE/NRO/FCNR

02

Local bank

Compare everyday banking options in Netherlands.

4 options

03

NRI UPI

Check supported countries, banks, apps, and phone-number requirements.

payments

04

Indian bank abroad

Use overseas branches for India-linked services, loans, and remittance support.

branches

Indian Banking

active lane

0

rate banks

4 FCNR

watch

Which account should you open?

Open an NRE account to bring your foreign salary to India tax-free and repatriate freely. Open an NRO account to manage any income earned within India (rent, dividends). Use FCNR(B) to hold savings in foreign currency and avoid INR depreciation risk.

NRE vs NRO vs FCNR(B)

Key differences at a glance

FeatureNRE AccountNRO AccountFCNR(B)
CurrencyINRINRForeign Currency
Repatriable (principal)FullyUp to $1M/yearFully
Repatriable (interest)FullyPartially (after tax)Fully
Tax on interest (India)Tax-freeTaxable (TDS 30%)Tax-free
Source of fundsForeign income onlyIndian + Foreign incomeForeign income only
Joint holding with residentNot allowedAllowedNot allowed
Best forParking foreign earningsManaging India expensesAvoiding currency risk

Interest Rate Comparison

1-year FD rates for NRI accounts. Loading...

FCNR(B) Multi-Currency Rates

GBP, EUR & CAD FCNR(B) rates — protect savings from INR depreciation. Indicative 1-year rates; verify on bank website before investing.

BankUSDGBPEURCAD
ICICIICICI Bank
5.10%6.25%4.90%4.75%Verify
HDFCHDFC Bank
5.05%6.15%4.75%4.65%Verify
SBISBI
4.40%4.00%2.75%2.97%Verify
KMBKotak Mahindra
5.08%6.10%4.80%4.70%Verify

Rates are manually maintained reference values. Click 'Verify rates' for the current official rate from each bank.