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HDFC Bank, NBD in pact

Our Bureau

Mumbai, Dec. 19

National Bank of Dubai has partnered with HDFC Bank to offer NRI services in India and the UAE.

Under the name of NBD-HDFC Bank NRI Services, the partnership will offer joint account services, remittances, wealth management services and preferential pricing on home loans in India. "Under the tie-up, NRI customers will be able to sign up for the NBD-HDFC Bank NRI Value Account, featuring NBD value account in the UAE and HDFC Bank NRE/NRO account in India," said a bank release. The account will offer interest, insurance, a free credit card, roadside assistance, medical access and value offers, the release added.

The customers will also get international gold debit cards, investment advisory services, online mutual funds purchase and discounted safe deposit lockers in India.

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