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You can walk into any bank of India branch that provides NRI Banking facility (Almost all major banks in India do provide NRI Bank Account). They would need the following:
- Proof of employment and income overseas (Atleast a deputation letter from your employer that you will be posted abroad and will be earning in foreign currency)
- Local Id and Address proof
- Passport copy
- Photographs and
- Initial Deposit money - Most NRI accounts have a minimum balance requirement of say Rs. 10000 or more.
Wiki User
∙ 13y ago
Wiki User
∙ 13y agoVisit your nearest Indian bank branch that provides NRI account facilities. Carry your passport, VISA and work information to prove that you are an NRI and are working abroad. They would be asking you for a minimum deposit of a few thousand rupees to open the NRI account. If you already hold a normal savings account, this process would be even easier. They will just convert your existing savings account into an NRI account.
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What type of person would have an NRI account at Citibank?
An NRI (Non-Resident Indian) account at Citibank is typically opened by individuals who are Indian citizens but reside outside of India for employment, business, education, or other purposes. It is also for individuals of Indian origin who have acquired citizenship in another country. Therefore, the type of person who would have an NRI account at Citibank would be someone who falls under these categories and wants to maintain financial connections or investments in India.
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How many types of bank account in Indian banking system?
only four type of account in indian banking system 1. current a/c 2. Saving a/c 3. FD A/C 4. RD A/ C In addition to the above one more type account is being known as NRI account but that is to attract the NRI towards Bank only other wise it is saving account only.
Which is the best bank to open NRI account?
Well, To be honest, I had many NRI Accounts in different banks. but the service and rates were not so good, then my friend suggest SBM Bank, But still, I was thought this bank also like that. but I was wrong now, it's been a couple of years since I open an NRE account in SBM Bank, Trust me they provide a good service to their customers, as well as their rate of interest, is also good. if you are looking to open an NRE Account in Bank then I highly recommend you SBM Bank. I hope this anser will be beneficial for you. Good Luck Visit : sbmbank. co.in
What is an NRI deposit?
An NRI deposit is a deposit made by a non resident Indian, a special deposit service available at DBS bank. With DBS bank, get all the financial help you need.
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How do you open nri account in India?
You can walk into any bank in India that provides NRI Banking facility (Almost all major banks in India do provide NRI Bank Account). They would need the following:Proof of employment and income overseas (Atleast a deputation letter from your employer that you will be posted abroad and will be earning in foreign currency)Local Id and Address proofPassport copyPhotographs andInitial Deposit money - Most NRI accounts have a minimum balance requirement of say Rs. 10000 or more.
How do you write a letter to opening nri account?
Actually speaking, you need not write any letters to open an NRI Account. All you need to do is, visit any bank that offers NRI Services along with the following documents: a. Your Passport b. Recent photographs c. Overseas Address Proof d. Work permit/VISA of your country of employment The bank will have an application form, which you can fill with the help of their staff and then once done, your account should be active within a few days.
How can i open NRI account in sbh bank?
You can walk into SBH branch and ask for opening an NRI account. They would need the following:Proof of employment and income overseas (Atleast a deputation letter from your employer that you will be posted abroad and will be earning in foreign currency)Local Id and Address proofPassport copyPhotographs andInitial Deposit money - Most NRI accounts have a minimum balance requirement of say Rs. 10000 or more.
What is NRI used for?
Nri stands for non resident indian
How you check your canara bank NRI account in online?
The Canara bank web site has the normal online banking services. However they do not advertise any online access to their NRI services between the United States and India.
