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State Bank of IndiaSavings account

SBI NRO Savings Bank Account

SBI's NRO account for India-based current income, with domestic debit-card access and outward remittance subject to the applicable USD 1 million annual framework and documentation.

First-party evidencePublished researchReviewed September 9, 2026Active
Open primary bank source ↗Bank dossierCompare alternatives
Balance / relationshipYONO says NRE/NRO can be opened with zero balance; SBI's NRI service-charge PDF separately lists ₹3,000 MAB metro/urban, ₹2,000 semi-urban and ₹1,000 rural, and Personal Banking Branches can apply higher total relationship expectations. This disagreement is disclosed rather than normalized.
Account / service costSBI's NRI service-charge PDF lists MAB shortfall charges for NRE/NRO savings, while SBI's general revised-service-charge page says savings MAB penalties were waived from March 2020; current NRO onboarding/KFS terms should control.
Repatriation / card / operating limitsNRO balances are only partly repatriable; SBI states up to USD 1 million equivalent per financial year for bona fide purposes subject to required documents. Domestic card/ATM limits depend on the issued card.
Residency / account-state ruleNRO is the non-resident rupee state used for Indian-source receipts and for redesignation of resident accounts when the holder becomes non-resident.
Research processPublished by bankingreference.info

Structured from first-party bank/issuer evidence. This page does not claim personal hands-on product use unless that experience is explicitly stated.

4 first-party sources
Last checkedSeptember 9, 2026

Recorded source review date, not a claim that the product changed that day.

Maintenance stateWithin scheduled review window

Target recheck: January 7, 2027.

Critical decision facts

Start with the ongoing account relationship, then price the access layer.

Balance or salary conditions, charges, allowances and downgrade rules can matter more than a promotional benefit.

01 · Balance / relationshipYONO says NRE/NRO can be opened with zero balance; SBI's NRI service-charge PDF separately lists ₹3,000 MAB metro/urban, ₹2,000 semi-urban and ₹1,000 rural, and Personal Banking Branches can apply higher total relationship expectations. This disagreement is disclosed rather than normalized.
02 · Account / service costSBI's NRI service-charge PDF lists MAB shortfall charges for NRE/NRO savings, while SBI's general revised-service-charge page says savings MAB penalties were waived from March 2020; current NRO onboarding/KFS terms should control.
03 · Repatriation / card / operating limitsNRO balances are only partly repatriable; SBI states up to USD 1 million equivalent per financial year for bona fide purposes subject to required documents. Domestic card/ATM limits depend on the issued card.
04 · Residency / account-state ruleNRO is the non-resident rupee state used for Indian-source receipts and for redesignation of resident accounts when the holder becomes non-resident.
Maintained terms

Fees, balances, benefits, limits and eligibility without a single-score shortcut.

These six fields are the cross-product layer. The specialist section above controls whenever a type-specific field is more precise.

Account / service costSBI's NRI service-charge PDF lists MAB shortfall charges for NRE/NRO savings, while SBI's general revised-service-charge page says savings MAB penalties were waived from March 2020; current NRO onboarding/KFS terms should control.
Balance / relationshipYONO says NRE/NRO can be opened with zero balance; SBI's NRI service-charge PDF separately lists ₹3,000 MAB metro/urban, ₹2,000 semi-urban and ₹1,000 rural, and Personal Banking Branches can apply higher total relationship expectations. This disagreement is disclosed rather than normalized.
NRE / NRO benefitsDomestic debit card, internet banking, multi-city cheques and NRI Family Card access; designed to park India-based income and permits eligible outward remittance within the NRO regulatory framework.
Repatriation / card / operating limitsNRO balances are only partly repatriable; SBI states up to USD 1 million equivalent per financial year for bona fide purposes subject to required documents. Domestic card/ATM limits depend on the issued card.
NRI / PIO / OCI eligibilityNRI/PIO/OCI eligibility under SBI's current account-opening table; joint holding with another eligible non-resident and qualifying resident-relative arrangements are subject to the bank's rules.
Residency / account-state ruleNRO is the non-resident rupee state used for Indian-source receipts and for redesignation of resident accounts when the holder becomes non-resident.
Fit & cautions

Who this record appears designed for—and what can break the fit.

Best-fit wording summarizes the published proposition. It is not individualized financial advice or an approval prediction.

Potential fit

Non-residents who receive Indian income and want SBI branch/digital access while accepting NRO tax/repatriation rules and verifying SBI's currently conflicting balance wording.

Verify before relying
  • NRO interest is subject to Indian tax/TDS rules; do not hard-code an old percentage when treaty and tax rules can change.
  • SBI's current first-party pages are inconsistent on ongoing MAB, so live KFS/application terms should control.
  • The bank says domestic debit card but does not identify one universal exact card variant on the reviewed NRO account page, so no named edge is inferred.
Maintained comparisons

Compare this product only where the pair is deliberately maintained.

Both sides keep independent review dates, exact conditions and first-party evidence. No winner score is generated.

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First-party source ledger

Complete evidence set for this maintained profile.

Each source remains independent. A product page, tariff, KFS/MITC, rate schedule or programme document is not silently treated as interchangeable evidence.

01
Primary product / service sourcesbi.bank.in
Open source ↗02
Additional first-party evidencesbi.bank.in
Open source ↗03
Additional first-party evidencesbi.bank.in
Open source ↗04
Additional first-party evidencesbi.bank.in
Open source ↗
Current-use rule

When the bank changes a term after the recorded review, the current agreement, tariff, KFS/MITC or effective rate table controls.

Research boundary

This page organizes dated public evidence; it does not guarantee eligibility, availability, approval, service quality or future pricing.