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NRE/NRO account opening has never been easier

Enjoy hassle-free account creation with Vance!

Get early access to NRE/NRO!

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For first 250 account openings:

interest rates

Grow your savings faster with Vance – get the highest interest rates on NRE/NRO accounts.

Zero notarisation fee

Bank with confidence and save more – no notarisation fee for first 250 NRE/NRO account opening.

Hassle-free setup at home

Open accounts virtually via Vance from the ease of your home, we’ll take care of everything for you.

Just 3 easy steps

Here’s how it works:
You initiate your account opening via Vance app, we fill your application and mail you the filled form.
Our team guides you through, pick the signed form from you and send it to the bank
You add initial funds to your new bank account. Tada! Your account is ready to use ✌️

All you need to know

What is an NRE account?

The NRE account can be opened for the purpose of maintaining the income earned outside India with tax free interest (upto 7.95%*) on Fixed Deposits. Both the principal amount and interest earned are completely repatriable from India.

What is an NRO account?

The NRO account can be opened for the purpose of maintaining the income earned from India such as income from rent, pension, etc. The repatriation of the money in the account can be done up to a maximum of 1 million USD per financial year.

Is it necessary to have an NRE/NRO account?

Yes, it’s necessary for a NRI to have a NRE account in India. This is more of a compliance thing.

What is the interest rate?

NRE savings account interest rate - upto 7.95% 
NRO savings account interest rate - upto 7.95%

What is the initial funding required?

You can get your account setup by adding a minimum of 100 pounds.

Why should you use Vance for opening an NRE/NRO account?

Higher interest rates, “zero” notary fees, Get your account setup while sitting at home, Get your documents picked up from home - no delivery charges.

How will I get my documents notarised?

We will get your documents notarised by the applicable authorities. We are also charging “zero” notarisation fees for the first 1000 users.

What NRI banking products are available with us?

NRE savings account, NRO savings account, NRO FD, NRO FD, FCNR FD.

Still have questions? We’ll answer everything

Schedule a call with our team as per your convenience