r2i forum

After reading so many threads on R2I website, I decided I need to open NRE & NRO account both. I read some threads on which bank is better in terms of reliability and processing efficiency. I narrowed down to three banks
1. CitiBank
2. SBI
3. IDBI

I am resident of NJ/USA.

CitiBank has local branch in NJ, hence it will be convenient for me, to go there and open an account with representative. But they don't have branch in Panchkula, India. (My hometown in india)
SBI has good reviews from posters on R2I. But I will have send documents to indian branch from here. And their website is another example of 'sarkaari' website.
My brother just recommended me IDBI bank. They seem to have online account opening process. But I will still have to mail them proof of Ids etc in mail later. And IDBI bank has branch in panchkula too.

I will appreciate, if you have any opinion. I am inclining towards IDBI or CitiBank bank. I will be using NRE/NRO accounts for real-estate investments etc.

Thanks
Ashish

PS: Yes, I will rather give money to charity, instead of dealing with ICICI again :)

ajainy;362988After reading so many threads on R2I website, I decided I need to open NRE & NRO account both. I read some threads on which bank is better in terms of reliability and processing efficiency. I narrowed down to three banks
1. CitiBank
2. SBI
3. IDBI

I am resident of NJ/USA.

CitiBank has local branch in NJ, hence it will be convenient for me, to go there and open an account with representative. But they don't have branch in Panchkula, India. (My hometown in india)
SBI has good reviews from posters on R2I. But I will have send documents to indian branch from here. And their website is another example of 'sarkaari' website.
My brother just recommended me IDBI bank. They seem to have online account opening process. But I will still have to mail them proof of Ids etc in mail later. And IDBI bank has branch in panchkula too.

I will appreciate, if you have any opinion. I am inclining towards IDBI or CitiBank bank. I will be using NRE/NRO accounts for real-estate investments etc.

Thanks
Ashish

PS: Yes, I will rather give money to charity, instead of dealing with ICICI again :)

I'm not sure how anyone can be of help in this. One may have an opinion when it comes to M2I(as the rates may be different, etc.), but have not heard much about making a decision on NRE/NRO A/cs.

If it helps: We have Citibank NRE and NRO - IMO, it was very convenient to open the account, transfer money online, etc.

From personal experience, it is a good idea to open an account with a bank which has a branch where you can walk into if needed. This can be either in NJ or Panchkula, based on what ever works for you !