Wondering about
closing NRE account SBI?
Closing an NRE (Non-Resident External) account in SBI requires a few key steps and necessary documentation. Here’s a step-by-step guide to help you through the process.
If you are in India, visit the branch where you hold your NRE account. If you are abroad, you can visit the nearest SBI branch or contact the branch holding your account via email or phone for guidance.
Obtain the account closure form from the bank. This form is also available on the SBI website for download. Fill in the required details such as your account number, personal information, and reason for closure.
Photocopy of your passport and visa. Copy of your NRE account passbook or account statement. Any unused cheque leaves or debit cards linked to the account. A written request for closure addressed to the branch manager, if required.
Submit the filled-out form and attached documents to the branch. If you are abroad, you may need to send these documents via mail or courier to the branch. Ensure that your account has no pending dues or standing instructions.
Provide instructions for the transfer of the remaining balance. You can opt to transfer the funds to another account (NRE/NRO) or repatriate the funds back to your overseas account. Make sure to provide accurate details for the transfer.
Once the bank processes your request, you will receive a confirmation of the account closure through your registered email or postal address. It may take a few days for the process to be completed.
This was all about how to close NRE account in SBI.
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How to Close NRE Account in SBI?
Pragati
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48 days
2024-07-30T10:33:41+00:00 2024-08-01T10:08:05+00:00Comment
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