answersLogoWhite

0

Yes credit cards may be issued to NRI by Indian Banks as per RBI circular. rbidocs.rbi.org.in/rdocs/notification/PDFs/33116.pdf‎

The banks however are not keen to issue them.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Finance

How can I open a bank account in India from the USA?

To open a bank account in India from the USA, you can contact an Indian bank that offers NRI (Non-Resident Indian) services. They will guide you through the process of opening an NRI account, which typically requires submitting certain documents such as proof of identity, address, and income. You may also need to visit the Indian consulate or embassy in the USA for verification purposes.


Can I open an NRE account from the USA?

Yes, as a non-resident Indian (NRI), you can open a Non-Resident External (NRE) account from the USA through an Indian bank.


Can an nri remit money to a bank in a village?

Yes, an NRI (Non-Resident Indian) can remit money to a bank in a village in India. They can use various methods such as wire transfers, online remittance services, or through banks that facilitate international money transfers. It's important for the NRI to ensure that the receiving bank has the capability to accept international remittances. Additionally, the recipient may need to provide necessary identification and bank details to complete the transaction.


Can I open an NRI account from the USA?

Yes, you can open an NRI (Non-Resident Indian) account from the USA.


Who is an nri and nre?

NRI - stands for Non Resident Indian and NRE - stands for Non Resident External They are both two different types of bank accounts that are available for Indians who are employed abroad. The services are available from almost every major bank in India and they help the customers to save money and to transfer funds in foreign currency from abroad to India.

Related Questions

How you check Indian overseas bank NRI account from Dubai?

How to change the debit card pin number


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.


What is tha currant status of my nri account 42115 in canara bank?

when will expire my canara bank ATM card


What is NRI used for?

Nri stands for non resident indian


How can I open a bank account in India from the USA?

To open a bank account in India from the USA, you can contact an Indian bank that offers NRI (Non-Resident Indian) services. They will guide you through the process of opening an NRI account, which typically requires submitting certain documents such as proof of identity, address, and income. You may also need to visit the Indian consulate or embassy in the USA for verification purposes.


How to open nri account with Indian bank?

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 proofPassport copyPhotographs andInitial Deposit money - Most NRI accounts have a minimum balance requirement of say Rs. 10000 or more.


Can I open an NRE account from the USA?

Yes, as a non-resident Indian (NRI), you can open a Non-Resident External (NRE) account from the USA through an Indian bank.


Can an nri remit money to a bank in a village?

Yes, an NRI (Non-Resident Indian) can remit money to a bank in a village in India. They can use various methods such as wire transfers, online remittance services, or through banks that facilitate international money transfers. It's important for the NRI to ensure that the receiving bank has the capability to accept international remittances. Additionally, the recipient may need to provide necessary identification and bank details to complete the transaction.


What type of person would have an NRI account at Citibank?

The type of person that would have an NRI account at Citibank would be a non resident Indian. Indians who are living in America can open an NRI account and have their money transferred to a bank in India.


Definition of NRI?

Non Resident Indian


Can I open an NRI account from the USA?

Yes, you can open an NRI (Non-Resident Indian) account from the USA.


Where is the office of ICIC Bank NRI USA?

The office of ICIC Bank NRI USA is located in New York City. The postal code is NY 10185. This is also known as the New York NRI services center which provides help for customers.