BOI  NRO Current Account

Sweep in Facility


Ancillary Services

Free Internet banking Missed Call alert facility for obtaining account balance Free utility bills payment facility through E-pay Free Statement of Account ATM-cum-International Debit Card for Individuals


Principal upto USD 1 Million. Subject to FEMA 2000 guidelines from time to time

Currency & Fund Transfer


Indian Rupees (INR)

Fund Transfer

  • Free Funds Transfer within the bank (Self A/c or Third party A/c)
  • Free NEFT/RTGS Facility through internet banking
  • Collection of Cheques and payments across Bank of India locations all over the country

Interest & Taxation


Not applicable


Interest is taxable under Indian Income Tax

Who can open?

NRIs (other than a person resident in Bhutan and Nepal) Individuals /entities of Bangladesh or Pakistan Nationality / ownership, and erstwhile Overseas Corporate Bodies require prior approval of RBI

Joint Account Facility

Account can be held jointly by a NRI / PIO with a Resident India