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Export Ready

NRO Accounts

Sold by TJSB SAHAKARI BANK LIMITED · Thanepada, Maharashtra, India

Price
Price on request
In stock
Inclusive of all taxes
Minimum order: 1 unit

Export Snapshot

MOQ
1 unit
Lead time
On request
Packaging
Standard export packaging
Shelf life / longevity
As per product specification
HSN Code
On request
Origin
India
Port of dispatch
On request
Export markets served
Global markets
Values shown are for TJSB SAHAKARI BANK LIMITED.
Suitable for

Importers · Distributors · Wholesalers

Know your supplier

TJSB SAHAKARI BANK LIMITED is a verified supplier based in Thanepada Maharashtra India.

Thanepada Dispatch on request Verified seller
TJSB SAHAKARI BANK LIMITED logo

Verified seller · Thanepada, Maharashtra, India

Registered address: Thanepada, India. Industry: Banking & Finance, Accounting & Taxation > Financial Institutions & Services.

Established
Not shared
Employees
GST
27AAAAT4062E1ZP
IEC code
Not shared
Export markets
Global markets
GlobalLinker Member Since
Oct 2025
Turnover
On request
Incorporation Type
On request
Certifications & Awards
Product details

What are the specifications of this product?

Overview

TJSB Sahakari Bank Limited offers NRO Accounts for non-resident Indians to manage their income earned in India. These accounts come with attractive interest rates and facilities like internet and mobile banking. Easy repatriation of funds is available, subject to regulations, providing NRIs with convenient banking solutions.

Product Description

TJSB Sahakari Bank Limited offers Non-Resident Ordinary (NRO) Accounts to help non-resident Indians manage their income earned in India. These accounts allow NRIs to deposit and manage their rupee funds conveniently. The bank provides attractive interest rates on NRO accounts, along with facilities such as internet banking, mobile banking, and easy repatriation of funds, subject to applicable regulations. TJSB's NRO accounts are designed to offer hassle-free banking solutions to NRIs, ensuring their financial transactions in India are smooth and efficient.

Description provided by TJSB SAHAKARI BANK LIMITED.

Specifications

Interest Rate Type Variable based on prevailing market conditions
Minimum Deposit Requirement As prescribed by TJSB Sahakari Bank Limited
Account Maintenance Charges Applicable as per bank policy
Repatriation Limit Subject to Foreign Exchange Management Act (FEMA) guidelines
Nomination Facility Available
Cheque Book Facility Provided
Account Currency INR only
Joint Account Facility Available with another NRI or resident Indian
Taxation Interest income is taxable as per Indian income tax laws

Use cases

Category Financial Services > Banking Services > NRI Banking Accounts > NRO Accounts
Primary application Wholesale, distribution, and international sourcing
Brand Not specified
Product type Product

Logistics & handling

Lead time On request
Packaging As per buyer requirement
Storage condition As recommended by supplier
Origin India
Form As listed by supplier

Commercials (this seller)

Minimum order 1 unit
Lead time On request
Payment terms As per negotiated commercial agreement.
Buyer questions

Frequently asked by buyers

Common questions B2B buyers ask before sourcing NRO Accounts. Answers compiled from verified sellers' commercial terms and platform data.

Q: Can NRIs repatriate the full balance of their NRO Account to their country of residence?
A: NRIs can repatriate funds from the NRO Account up to USD 1 million per financial year for permitted current transactions, subject to submission of prescribed documents and compliance with FEMA guidelines.
Q: Is joint holding of an NRO Account allowed with a resident Indian?
A: Yes, TJSB Sahakari Bank Limited allows joint NRO accounts where one holder is an NRI and the other is a resident Indian, facilitating easier management of funds.
Q: Are there any restrictions on depositing funds into the NRO Account?
A: Only income earned in India, such as rent, dividends, or pension, can be deposited into the NRO Account; incoming foreign currency deposits are not permitted directly.
Q: Does TJSB provide internet and mobile banking for NRO Accounts?
A: Yes, TJSB Sahakari Bank offers full internet and mobile banking facilities for NRO Account holders to allow easy access and management from anywhere.
Q: How is interest on the NRO Account taxed?
A: Interest earned on the NRO Account is subject to Indian income tax and TDS as per applicable income tax laws.
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Price on request · MOQ 1unit