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Kochi, Nov. 13

Standard Chartered Bank has launched its NRI Swagat account, which addresses specific banking requirements of NRIs with roots in Kerala and Punjab. The account comes in two variants - one targeting NRIs/PIOs with their origins in Kerala and the other for NRIs with their roots in Punjab. This product has the regular features of a NRE savings account. Both the principal and interest can be remitted overseas without any limitations and no tax deduction at source. The NRI Swagat account also allows unlimited free cash withdrawals from the account through VISA ATMs across the globe.

More Stories on : Private Banks | NRIs | Kerala

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