Key Global Regions & Branches
IDBI Bank also offers overseas banking help through its international branch and specialised banking divisions, for customers looking for international banking services along with the best investment plans in India. As per the details available on the official website of IDBI Bank, the international presence of the bank is mainly through its Dubai branch and International Banking Unit (IBU) at GIFT City.
| Country |
Location |
Address |
Contact |
Email |
| United Arab Emirates |
Dubai International Financial Centre (DIFC) Branch |
IDBI Bank Ltd., DIFC Corporate Banking Branch, Level 3, Gate Village 5, P.O. Box 506805, Dubai International Financial Centre, Dubai, UAE |
Tel: +9714323 1400
Fax: +9714323 1401
|
rk.sinha@idbi.co.in |
NRI Account Meaning and the Opening Process
NRI account meaning is a bank account that is especially developed for Non-Resident Indians (NRIs) to manage their savings, income, investments and remittances in India while residing abroad. IDBI Bank has NRE, NRO and FCNR(B) deposit accounts for qualified customers. The NRI account opening process provides the NRIs with the convenience of availing banking services in India and managing their money from outside.
NRIs can generally open an account with IDBI Bank by following these steps:
- Choose the Account Type: Select NRE, NRO, or FCNR(B) account based on your requirements.
- Complete the Application Form: Fill out the prescribed account opening form.
- Submit Documents: Provide KYC, identity, and address proof documents as required.
- Document Attestation: Get documents attested by an Indian Embassy, Notary Public, overseas bank, or other authorised officials, where applicable.
- Submit the Application: Send the completed application and documents to the designated IDBI Bank branch.
- Fund the Account: Transfer the initial deposit as per the bank's requirements.
- Account Activation: The account is activated after successful verification and approval.
Key Takeaways
IDBI Bank has an international banking presence primarily through its Dubai International Financial Centre (DIFC) Branch and International Banking Unit (IBU) at GIFT City. The bank provides foreign currency loans, trade finance services, syndication facilities and NRI banking products. Customers can have NRE, NRO and FCNR(B) deposit accounts, remittance services, foreign exchange facilities and options of investment for NRI in India.