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NRI BANKING

Equitas Small Finance Bank with 392 Branches and growing is offering NRI Banking with the Best in Class Interest Rates, Affordable Lockers and Convenient Access to Superlative Technology. We understand that the Home is where your Heart is, where your trust is and where everything is at its Best. So come explore the best of what we have to offer!

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Eva NRE Savings Account

We recognize that every Woman is unique and special, thus here’s an exclusive Eva NRE Women’s Savings Account, to enhance your investments securely.

 

Features And Benefitsvalue-feature-icon

  • complimentary-health-checkup

    Unlimited Health Tele-consultation*

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    Save more together with Family Banking 

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    Exclusive offers and Discounts on Debit Card

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    25% Discount on Locker Rentals

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    Earn Reward Points on every Debit Card Spend and Goal based RD 

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    Preferential Rates on Gold Loan

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    Earn Superior Tax Exempted Interest Income
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    Principal and Interest Freely repatriable abroad
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    Nomination facility 

*Valid for 3 months post registration

Savings Account Interest Rate w.e.f. 5th Nov, 2020

Daily Closing Balance Rate Slab
Up to ₹ 1 lakh 3.50%
Above ₹ 1 lakh and up to ₹ 30 crs 7.00%
Above ₹ 30 crs and up to ₹ 50 crs 7.25%
Above ₹ 50 crs  Contact Branch

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.

NRO Rupee Savings Account Interest gets credited post deduction of Tax Deducted at Source (TDS). The TDS Rate of 31.20% (30% TDS + 4% Surcharge on TDS) is deducted from the NRO interest on accrual.

Interest rates are subject to change and please refer to the Bank’s Website for the latest rates.

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Charges

Schedule of charges for Eva NRE Savings Accounts 

Account & Balance Maintenance
Average Monthly Balance (AMB)  Nil
Relationship Value** Rs.10,000
Non Maintenance Charges Nil
Cheque book (PAP cheque book of 25 leafs) limit 1 cheque book book free per quarter
Grouping 

Can be grouped with NRI account or Regular or Wings Savings Account .

Can be grouped to Current Account of equal or higher value

Collections
Local Cheque clearing Free
Outstation cheque collection charges at bank location Upto Rs. 5000 charge of Rs. 25, Above 5000 and upto and including Rs. 10,000 charge of Rs. 50/-, Above Rs. 10,000 ad upto including Rs. 100000 charge of Rs. 100/-, Above Rs. 100000 charge of Rs. 150/-
Outstation cheque collection charges at non-bank location Upto Rs. 5000 charge of Rs. 25, Above 5000 and upto and including Rs. 10,000 charge of Rs. 50/-, Above Rs. 10,000 ad upto including Rs. 100000 charge of Rs. 100/-, Above Rs. 100000 charge of Rs. 150/-
RTGS inward / NEFT inward / IMPS inward Free
Payments
Demand Draft and Payorder at branch locations Free upto 8 DD's per month
Charges beyond free limits Rs. 50 per DD
Demand Draft at non-branch locations Rs.100 per DD
PAP Cheque payment Free
RTGS and NEFT outward at branch (free online) NEFT : Upto Rs. 10,000/- Rs. 2.25, From Rs. 10,001/- to Rs. 1,00,000/- : Rs. 4.5/-, From Rs. 1,00,001/- to Rs. 2,00,000/- : Rs. 14.5/-, Above Rs. 2,00,000 : Rs. 24.5/-. RTGS: From Rs. 2,00,000/- to Rs. 5,00,000/- : Rs. 20/-, Greater than Rs. 5,00,000/-: Rs. 40/-.
IMPS outward (per day limit of Rs.2,00, 000/-) Free
Cash Charges
Cash Deposit limit at home location (Branch) No Cash Deposit Allowed
Charges beyond free limits No Cash Deposit Allowed
Cash Deposit limit at Non-Home location (Branch) No Cash Deposit Allowed
Charges beyond free limits No Cash Deposit Allowed
Cash Withdrawal at home location Free
Cash Withdrawal at non-home location Rs.4/1000
Debit Card Cash Withdrawal txns at metro/urban locations (other Bank ATMs) 5 per month
Debit Card Cash Withdrawal txns at semi-urban/rural location (other Bank ATMs) 5 per month
Charges beyond free limits of ATM withdrawals Rs. 20/- per txn
Cash withdrawal outside India (for international cards only) Rs.110/- per txn
Balance Inquiry Outside India (for international cards only) Rs. 25/- per txn
Other Charges
Visa Platinum Debit Card (Charges for issuance, annual fees, re-issuance) NRE Visa Platinum International  Debit Card - Free
Card Transaction Slip Retrieval charges (for incorrect claims) Rs. 250/- per slip
Stop payment single cheque (free online) Rs. 100 per cheque
Stop payment series (free online) Rs 150 for a series of 25 cheques
Outward cheque return charges for financial reasons Rs 50 per cheque
Outward cheque return charges for technical reasons NIL
Inward cheque return charges for financial reasons Rs. 350 per cheque for up to 2 cheques, Rs. 500 per cheque for 3-5 cheques, Rs.750 per cheque 6th cheque onwards
Inward/ Outward cheque return charges for technical reasons NIL
Standing instructions set up/Amendment (Free for RD/SIP/Bill Payment) Rs.25 per instance
Standing Instructions failure (return) Rs.150 per return
ECS / NACH return due to financial reasons Rs.200 per return
SMS alerts Free
Certificate and Report issuance
Balance Certificate at Branch (online free) Rs.250 per instance
Previous year balance and interest statement (free online) 1 free per annum, Rs.300 per statement thereafter
Passbook issuance Free
Duplicate Passbook issuance Rs.50
Signature verification certificate / Photo attestation / Address confirmation Rs.50 per instance
Duplicate TDS certificate Rs.100
Duplicate account statement print (free online or on email) Rs.50
DD / PO revalidation / cancellation Rs.100
Account closure charges if closed on customer request before 6 months of account opening date and after 15 days of account opening. Rs.500
Account inactive charges NIL
Doorstep Banking
Cheque pickup (on call) Rs.50 per instance
Cheque pickup beat (Per month) Rs. 300
No of Transactions

Aggregation of all the customer induced transaction including:

Cash / Cheque / DSB / DD (Excluding Online and ATM Txn) 10 transactions free per month
Charges beyond free limits Rs.15 per transaction over and above the individual transaction limit charges
  • 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
     
  • *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)