NRIs can invest in mutual funds, SIP and insurance plans through the HDFC NRE account.NRIs can access their free email statement to keep a track of their funds credited to and debited from the account.A complementary personalised chequebook is granted to customers when they open HDFC NRE accounts.They can pay utility bills, recharge DTH and mobile/ phones. HDFC NRE savings account holders can conduct banking transactions 24×4 through the HDFC net banking facility.The account holder needs to submit a letter of mandate at any HDFC Bank branch to appoint a mandate. NRIs can nominate someone to operate their account when opening an NRE savings account.HDFC Bank NRE account holders are granted an international debit card for cash withdrawal and shopping anywhere in the world.There is no tax on the interest earned on an NRE account in India.HDFC NRE account interest rate is one of the highest in the market.Through HDFC NRE savings account, NRI customers can transfer funds easily in India and abroad.Also Read: HDFC NRI Account Opening Features & benefits of HDFC NRE savings account
