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At HDFC Bank, we offer you 2 options for Savings Accounts. Take a look


	Purpose
	Meant for foreign exchange earned outside India and transferred to India.	Meant to keep the money you earn or acquire in India before and after becoming an NRI.
	Currency
	Indian Rupees	Indian Rupees
	Minimum account opening amount
	INR 10,000 (Urban) INR 5,000 (Semi-Urban)	INR 10,000 (Urban) INR 5,000 (Semi-Urban)
	Interest Rate
	4% p.a.	4% p.a.
	RepatriationTransferring money from India to foreign country
	The Principal and interest earned are fully repatriable	RBI allows repatriation only up to one million USD per financial year for bonafide purposes (e.g. education, medical expenses etc)
	Taxation
	Interest earned is exempt from tax (i.e. tax- free)	Interest is taxable under Indian income tax
	Joint Account
	This account can be held jointly with other non-resident Indian(s).	This account can be held jointly with resident or non-resident Indian(s).
	Mandate holders
	An Indian resident can be authorized to operate the account and provided with an ATM card for the account	An Indian resident can be authorized to operate the account and provided with an ATM card for the account

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