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NRI Deposit
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NRI Deposit

  • Saraswat Bank is the first co-operative bank to obtain permanent license to deal in foreign exchange. Authorised Dealer in Foreign Exchange since 1979.
  • The International Banking Division plays an active role in forex operations through its ten Forex Centres.
  • Correspondent Banking relations with 430 centres of various banks spread over 65 countries.
  • Maintaining foreign currency accounts in 9 major currencies of the world.
  • Well equipped Treasury Department.
  • Member of SWIFT network for speedy, accurate and safe Funds Transfer.
  • All types of Forex Services rendered to many other Co-operative Banks.
  • The product suite for NRIs ranges from Bank deposits, Housing Loans and Demat Accounts.
  • To give further boost to NRI services and in order to cater the growing needs of NRI customers, our Bank has set up a specialized NRI Desk at-

International Banking Division
Kimatrai Building, 1st Floor,
77-79, Maharshi Karve Road, Marine Lines, 
Mumbai-400 002.

Contact no: +91-22-49205656

Fax no:      +91-22-22096019

Email id:  incharge_ibd@saraswatbank.com

NRI Desk:

Contact no- 91-22-49205602

Fax no:      +91-22-22096019

E-mail: rs_puranik@saraswatbank.com

NRI’s can open the following types of accounts with us.

How to open NRI Account with us. 
To open an NRI account please complete the account opening form and forward it to any of our branches of your choice along with the following: 

  • Photocopy of the passport.
  • Photocopy of Visa/Residence permit.
  • Photograph.
  • Overseas Address Proof (any one of these - Utility bills/ Driving License/Credit card bills/ Overseas Bank statement).
  • Local Address Proof
  • Initial money remittance.

All documents are to be self attested. 

Your signature is to be verified by anyone of the following: 

  • Indian Embassy/consulate.
  • Notary public.
  • Your bank abroad.

You can authorise a resident close relative to operate your account through a Power of Attorney or Letter of Authority. 

Nomination facility available (nominee can be a resident Indian/ or a non resident). 

Click here to download NRI Account Opening Form

Download NRI email declaration form

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