The largest private sector lender ICICI Bank has introduced two more products last month, under its savings accounts for NRIs with additional benefits thrown in. The two new categories, christened NRI Pro and NRI Premia, will offer premium benefits like reservation assistance for hotels, flight booking and access to golf courses, as also preferential rates for and waiver of charges for currency conversion. It did not, however, mention any chargables or minimum balance requirements for these accounts. “We serve over 1.5 million NRIs in 150 plus countries and process over 5 million NRI transactions annually. This experience has given us insights into the lifestyles and aspirations of NRIs, and our products are designed to meet their needs,” its executive director Rajeev Sabharwal said. The NRI customers would be able to choose between two types of accounts — NRE and NRO, for ncome generated overseas or income generated domestically like rental income.
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