South Indian Bank establishes first NRI branch in India, heavily focused on investment and customer service.

Dubai: NRI for non-residents General Manager and NRI said that South Indian Bank is the first bank in India to establish a branch. Business Head Anand Subramanian said. NRI The bank is heavily focused on investment. NRIs are contributing significantly to India’s growth and global recognition. In a special interview given to ‘Mathrubhumi’, he said that he values ​​society a lot.

Bank implements special schemes to increase customer contribution and improve services. NRI There are dedicated branches and service centers in UAE to serve the customers. New services have recently been launched for healthcare workers and seafarers. Currently, housing and auto loans are also provided for NRIs. GCC Most of the customers are from countries. It currently has more than two lakh customers in the UAE alone. The office in Dubai was opened to provide them with better services. Online and digital services are also being made available for money transactions, he said.

Gold, N.R.E. Pulse, N.R.E. Sailors, N.R.E. South Indian Bank offers a wide variety of products including platinum for non-resident Indians. Anand Subramanian said that the bank provides many services like unlimited withdrawal from ATMs in India, debit card services at airport lounges, mutual funds, health insurance and general insurance. The bank also has convenient savings schemes. N.R.E., F.C.N.R. The most popular investments are Higher interest rates are offered on deposits. He said that portfolio investment scheme would be suitable for those who are interested in long-term investment.

Those who wish to open a bank account should visit www.southindianbank.com/nriservices. For queries related to transactions, the representative office in UAE can be contacted. USA and UAE accounted for $107 billion in India’s foreign exchange last year. Anand Subramanian said that NRIs from

MBA from Pune University in 1991. After completing it, he entered the banking sector. Bank of America, Standard Chartered Bank, GE in India and Singapore. He has held key positions in Capital and South Indian Bank for over 25 years. Since 2003, he has received many important awards for excellence in the field of work. NRI as General Manager of South Indian Bank in India from August 2021. Anand Subramanian is also serving as the Business Head.