NRE account with higher USD to INR exchange rate

[nsbhavsar]

I am getting salary in USD directly credited to my NRE saving account and i am looking for any best bank for giving higher and comparative exchange rate, kindly suggest me

 

[arjungoyal12]

Have you tried SBI Bank? In which bank do you have an account for now?

 

[nsbhavsar]

Nope, I haven't tried in SBI Bank yet.
I have NRE account in IDFC First Bank.

 

[mkate]

What conversion rate is IDFC providing?

 

[prashanth]

The best I found so far are
PNB. ( No otp to email)
Canara bank
Bank of Baroda.

I Tried yesbank, axis, icici,
sbi ( worst that private banks - they give lesser exchange rates + service charge 100-200 and gst on service on top of that)

 

[yash0106]

I have an NRE account in SBI -
Remittance Charges - 20 $ (above 1000 USD and 10$ below 1000$)

Exchange Rate they give you 40p less than the current market rate
After conversion charges - 100rs + gst = 147.96 + flat 50Rs as commission

 

[mkate]

so what is the best one? I'll be getting some USDs too.

 

[yash0106]

so what is the best one? I'll be getting some USDs too.

As of now IDFC giving best rates.
So you can try that one.