Opening account
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.
The Citibank customer service center online has information about the NRI accounts; information can also be obtained at local branches and by calling their toll free customer service line at 800-374-9700.
Yes, you can open an NRI (Non-Resident Indian) account from the USA.
If I had I would.
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.
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.
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.
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.
Most banks don't charge you for opening a normal bank account. However they would expect you to deposit a certain amount of money as initial deposit towards your account that is being opened. If you want to open an NRI account or a private banking account (like what some banks offer their wealthy clients) you may have to incur some charges while opening them.
NRE and NRO are similar with few differences. NRE -> foreign currency deposits only. Only Rupee withdrawals. NRO -> forign currency and rupee deposits. Only rupee withdrawals. NRE-> Any NRI can open an account NRO-> Resident can open . or NRI and resident together can open the account. NRE -> Not Taxed NRO->Taxed. NRE -> Can transfer from NRE to NRO account NRO -> Cannot transfer from NRO to NRE account.
I want to know the email add of shankar nagar (nri branch) delhi