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Exchange Rate ( 26/05/2019 ) 
Home >> Services >> NRI Services
For Non-Resident Indians in Singapore

  • IOB is having a network of more than 2700 branches in India.
  • For complete list of branches and latest interest rates on NRE / FCNR deposits, please visit our web site http://www.iob.com
  • Open NRE/NRO accounts in India from Singapore

Rupee Remittances to India

  • Remittances to India can be made through our Branch / Remittance Centres located at the following address using our Quick Remit facility :-
    1.IOB, 64 Cecil Street, Singapore 049711
    2.IOB, Remittance Centre, 94 Serangoon Road, Singapore 217999
    3. IOB, Remittance Centre, 221 Boonlay Shopping Centre, Singapore, 640221
  • Counter services are available at all the three places
  • In case of IOB accounts in India, remittance is credited instantaneously
  • In case of accounts with other Indian Banks, remittance is credited on the following working day through NEFT/RTGS
  • Remittance through KIOSK machines ( 24 * 7) also available at the 2 Remittance Centres

Type of Remittance   Charges
  • Quick Remit - Remittance to IOB Branches through counter
  S$ 7
  • Quick Remit - Remittance to other Bank Branches (NEFT/RTGS)
  S$ 10
  • Quick Remit - Remittance through KIOSK
  S$ 5
  • Demand Draft Remittance to India
  S$ 5