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| NRE Saving Account | NRO Saving Account | |
| Account Type | NRE account can be a Saving Account or Current Account | NRO Account can be a Saving or Current Account |
| Average Monthly Balance in Account | Rs 10,000 | Rs 10,000 |
| Repatriation | Principal and Interest earn is fully repatriable | Restricted or partially repatriable (upto $ 1 million in a financial year) |
| Taxation | NRE Account is tax free | Interest earn and credit balance has tax liability |
| Earnings in India | Any type of earning in India cannot be deposited in NRE Account | Earnings in India can be deposited in NRO Account |
| Joint Account | NRE Account can only be jointly open with NRE only | Can be open jointly with NRI or close relative in India |