Equitas Explorer Savings Account
Stay Connected to your Finances no matter where you sail!
Equitas Explorer Savings Account
Stay Connected to your Finances no matter where you sail!
Features
Available for both NRE and NRO
Complimentary NRE International VISA Platinum Debit Card
Overview
Equitas Explorer Savings Account is specifically designed for Seafarers and Mariners to help them manage their finances seamlessly no matter where they are! It is loaded with exclusive privileges and can be accessed globally making banking smooth and effortless.
Here are the Interest Rates
w.e.f. 01st May, 2025
Daily Closing Balance
Rate Slab
Up to Rs. 1 Lakh
2.75%
Above Rs. 1 Lakh up to Rs. 10 Lakhs
5.00%
Above Rs. 10 Lakhs up to Rs. 1 Cr
7.00%
Above Rs. 1 Cr up to Rs. 25 Crs
7.25%
Above Rs. 25 Crs
7.50%
Interest Rates calculated on the Daily Closing Balances of the Savings Account.
Interest gets credited on the last day of the Calendar Quarter once every 3 months.
NRE interest income is exempted from Tax under the Income Indian Tax
Interest rates are subject to change and please refer to the Bank’s Website for the latest rates.
To know more, give a missed call at +91 9971932222
Here are our Charges
NRE and NRO Rupee Savings Account SOC
w.e.f. from 1st July, 2020
NRE and NRO Rupee Savings Account SOCw.e.f. from 1st July, 2020
Average Monthly Balance (AMB)
NRO Account as Additional Add on Account
Grouping with Family Accounts or Business
Cheque Book Charges
Collections
Payments
Cash Charges
Other Charges
Certificate and Report issuance
Doorstep Banking*
No of Transactions
Average Monthly Balance (AMB)
Average Monthly Balance (AMB)
Average Monthly Balance
Rs. 10,000/- In Metro, Urban branches
Rs. 5000/- In semi-urban
AMB Non-maintenance charges
No Charges Applicable
AMB (Semi - Urban & Rural)
Rs. 5,000/-
*Available on request at select locations only. Taxes as applicable will be additional
PAP: Payable At Par
NA: Not Applicable
SA: Savings Account
CA: Current Account
Taxes as applicable will be additional
*Source of fund document to be submitted and deposit of Gift/Donation/Loan from Resident Indian into NRE SB Account is not permitted
**Total balances in Savings, Term Deposit and Recurring Deposit under the same customer ID will constitute Relationship Value(RV)
***Valid for 3 months post registration
^Subject to availability as per branch location
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