Utkarsh Platinum NRO Savings Account
Utkarsh Platinum NRO Savings Account is designed for Non-Resident Indians who want superior control and exclusive benefits while managing income earned in India, this account ensures convenience and peace of mind and elevate your financial journey - where privilege meets reliability.
Get
Rewards
1 reward point on every 100 spends on debit card
Get
15% discount
1 reward point on every 100 spends on debit card
Get
Free
Cash withdrawal on Utkarsh Bank ATMs
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Average Quarterly Balance requirement of 1,00,000/- only
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50% discount on Lockers
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Interest earned on deposits is fully repatriable after payment of tax
Rupay Platinum Domestic Debit Card at cost
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Free Cheque book Facility
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Free monthly email statement & Passbook
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Mandate Holder Facility available
Higher Interest rates on Savings *:
| Balance in | Rate of Interest w.e.f. December 01, 2025 |
|---|---|
| Balance Upto 1 Lakh | 3.00% p.a. |
| Incremental balance above 1 Lakh upto 5 Lakhs | 4.25% p.a. |
| Incremental balance above 5 Lakhs upto 10 Lakhs | 5.50% p.a. |
| Incremental balance above 10 Lakhs upto 50 Lakhs | 7.00% p.a. |
| Incremental balance above 50 Lakhs upto 10 Crore | 7.25% p.a. |
| Incremental balance above 10 Crore upto 100 Crore | 7.50% p.a. |
| Incremental balance above 100 Crore | 8.00% p.a. |
* T&C Apply
*Important Point: No Additional Interest Rate for Senior Citizen.
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NRIs and PIOs as per FEMA definition
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Seafarers of Indian nationality / origin employed by overseas shipping companies, or
Students pursuing studies in foreign countries.
| Fees & Charges- NRE | |
| Average Balance Requirements | Utkarsh Platinum NRO (Non-Resident Ordinary) Savings Account |
|---|---|
| AQB | |
| Metro/Urban/Semi-Urban/Rural Branches | ₹1,00,000/- |
| Non-Maintenance Charges* | ₹25/- per ₹500/- of shortfall (Max ₹500/- per quarter) |
| Fixed Deposits in lieu of Minimum Balance | ₹10,00,000/- |
| Total Relationship Value (TRV) in lieu of Minimum Balance** | ₹25,00,000/- |
| Branch Cash Transactions - NRO Platinum Savings Account | |
| Cash Deposit Transactions - Free limits/month | ₹10 Lakhs (across all branches) |
| Charges Beyond Free Limit | ₹3/1000 post free limit |
| Cash Withdrawal - Free limits/month | Free |
| DD/PO Issuance - NRO Platinum Savings Account | |
| Demand Drafts Payable on own Bank Locations | Free |
| DD Payable at other Bank Locations | NA |
| DD Revalidation | Free |
| Duplicate DD Issuance | Free |
| DD/PO Cancellation | Free |
| Cheque Issuance/Collection Charges - NRO Platinum Savings Account | |
| Cheque Leaves | Free |
| Charges Beyond Free Limit | NA |
| Cheque Return Charges Inward/ECS/NACH | ₹500/- per cheque |
| Cheque Return Charges Outward | ₹200/- per cheque |
| NEFT/RTGS/IMPS Transactions - NRO Platinum Savings Account | |
| RTGS Outward | Free |
| NEFT Outward | Free |
| IMPS Payments | Free |
| Other Charges - NRO Platinum Savings Account | |
| Physical Statements (Quarterly) | NA |
| Email Statements (Monthly) | Free |
| Passbook | Free |
| SMS Alerts | Free |
| Stop Payment Instructions | Free |
| Signature, Address and Photo attestation | Free |
| Balance Certificate | Free |
| Locker Rent | 50% discount on Locker Annual Rental |
| Account Related Charges - NRO Platinum Savings Account | |
| Account Closure | Upto 14 days – Nil Above 14 days up to 12 months – ₹500/- Above 12 months – Nil |
*Note:
No NMC charges for 1st calendar quarter including onboarding period.
The above charges are subject to changes, refer banks website for the latest SOC
The above charges do not include taxes, it will be levied separately
Lockers are available at selected branches in various sizes
**TRV is measured as a combined balance across NRE/NRO Savings & Fixed deposit account/s linked to a customer CIF ID.
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You are never too far away from quick banking, check nearest Bank and ATM
Contact
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