I want to know the best bank in india which offers good rate of interest and easy conversion to indian rupees from US dollars.
Citi Bank and ICICI are good, Kotak Mahindra too is not all that bad, but have you considered a Nationalised Bank? They are pretty impressive and for a NRI they would bend over backwards. The problem with a private bank is their charges and turn around. You are but a bunch of numbers for them and at the end of it all by the time you complete your term with them you will find that the value you paid is far too high a price for what you get in return! With all that HSBC and Citi would be really great partners for NRI accounts and they do treat their customers with a lot of professionalism. Hope this helps in some way!
May 14th, 2010 at 10:12 pm
ICICI Bank ?
http://www.icicibank.com/pfsuser/icicibank/ibank-nri/nrinewversion/Accounts.htm
HDFC Bank ?
http://www.hdfcbank.com/nri/accounts/default.htm
Axis Bank ?
http://www.axisbank.com/nri/accounts/nresavingsaccount/NRE-Savings-Account.asp
Citi Bank ?
http://www.online.citibank.co.in/portal/newgen/nrindex.htm
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May 14th, 2010 at 10:47 pm
ICICI Bank, since online service is good.
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May 14th, 2010 at 11:12 pm
HSBC provides good service apart from ICICI.
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May 14th, 2010 at 11:53 pm
Citi Bank and ICICI are good, Kotak Mahindra too is not all that bad, but have you considered a Nationalised Bank? They are pretty impressive and for a NRI they would bend over backwards. The problem with a private bank is their charges and turn around. You are but a bunch of numbers for them and at the end of it all by the time you complete your term with them you will find that the value you paid is far too high a price for what you get in return! With all that HSBC and Citi would be really great partners for NRI accounts and they do treat their customers with a lot of professionalism. Hope this helps in some way!
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May 15th, 2010 at 12:10 am
the only bank which can give you good service is HDFC Bank., amongs private banks and Punjab national bank amongs govt. banks
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May 15th, 2010 at 12:43 am
You can open your account with Citibank, ICICI.please make sure they have features like
1) Internet Banking
2) ATMs in all places which helps for easy withdrawal
3) Permitting Transfer of funds online.
4)Payment of utility bills online,which will be easy when u relocate to India
These features as far as i know are provided by Citibank, ICICI.But, U can also check with other banks.
Hope this is helpful to you.
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