OIB's NRI Service offers a diverse range of benefits for NRI's based in Oman. Enjoy free telex transfer facilities, special exchange rates, speedy remittances in India , UTI services and NRI Public Issue schemes. OIB is Oman 's only bank with a dedicated NRI Service Centre, fully equipped to handle your finances the way you see fit.
Eligibility

Non Resident Indians and persons of Indian origin.
How to apply?

Complete the account opening form.

Attach a copy of each account holder's passport, photograph and visa pages and supply 2 photographs.

Remit the amount by telex transfer through any of OIB's 82 branches in Oman .
Important notes to remember

OIB offers a free telex transfer facility.

OIB offers special exchange rates for NRI transfers.

OIB is the only bank with a dedicated NRI Service Centre to handle your finances the way you see fit.
Features

Placement under FCNR/NRE/NRNR Schemes.

Special exchange rates.

Free of charge telex transfers for placements.

Currency management for higher yield than FCNR rates.

Collection of deposits from other banks in India .

Rupee Taj Premium card.

NRI Phone Bank - A 24 hour, 7 days a week, service that lets you make a local call and get the up to date balance of your NR accounts in OIB's Mumbai / Kochi branches.

Hi-flex receipts for all your Rupee Fixed Deposits (NRE/NRO/NRNR) are held in convenient units of Rs.1000/- each, which means that you don't need to break your entire deposit when you need only a small amount.

Invest in a choice of currencies to get higher interest.

Loan facility - Avail of loans in INR or foreign currency.

Exclusive cash counter for NRI's.

Wide branch network.

UTI schemes.

Public issues.