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March 30th, 2017, 08:33 AM
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Join Date: Mar 2012
Re: Oriental Bank Of Commerce NRI

Oriental Bank of Commerce is an India-based bank established in Lahore, is one of the public sector banks in India.

The Information About the Non-Resident External Account of the Oriental bank of Commerce is given below

Non-Resident External Account

Accounts can be opened by remittances from abroad/transfer from existing NRE/FCNR accounts/deposit of foreign exchange brought during visit to India.

All types of accounts viz. Current, savings and Term Deposit Accounts can be opened jointly with any other Non-Resident Indian. Joint accounts with residents are not permitted.


Non-Resident Indians can appoint residents to operate their NRE accounts for local payments through a power of attorney / letter of authority.

Transfer of funds between NRE accounts of different persons for genuine personal purposes freely permitted.


Withdrawls for local payments are freely permitted. Forward exchange cover for Term Deposit funds available.

Interest paid on maturity or quarterly intervals as per customer's request on Term Deposits. Loans against deposits are available.

Nomination facility available. Repatriation of the balance including interest in any convertible currency is permitted.

For Any Query you may Contact to the Oriental bank of Commerce the Contact Details Are given below

Contact Details :
Oriental bank of Commerce
Customer service: 1800 180 1235


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