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NRI Banking

Who can open an NRI account ?

  • Indian citizens who stay out of India ( Other than Nepal and Bhutan ) for the purpose of employment, business or vocation or for any other purpose indicating his intention to stay outside India permanently or for an uncertain period.
  • Indian citizens working abroad on assignment with any foreign Government, Government agencies or with International / Regional agencies like United Nations Organisations including its affiliates.
  • Official of Central and State Governments and Public Sector undertakings deputed abroad on assignment or posted to their own overseas offices (including Diplomatic Missions).
  • Indians who have settled abroad permanently.
  • Indians who have gone abroad on Immigration.
  • Foreign national of Indian origin (other than citizen of Pakistan and Bangladesh).
  • Foreign national spouse of a Non-Resident Indian citizen or of a person of Indian origin (other than citizen of Pakistan and Bangladesh).
  • Indian students studying abroad.

What are the requirements for opening an NRI a/c ?

The prospective account holder has to submit the following documents to the authorised Branch for opening NRI Account:
Non-resident account opening form of our Bank duly filled in and signed by the prospective account holder.

While you are abroad, your signature may be verified on the account opening form, by anyone of the following:

  1. Indian embassy/Consulate in the country of residence
  2. Notary Public in the country of residence
  3. Your existing bankers abroad


Account opening form to accompany the following documents:

  1. One latest passport size photograph
  2. Pan card or Form 60
  3. Aadhaar/Passport/Driving license/Voter's Identity Card/NREGA Job Card / letter issued by National Population Register containing details of name and address.
  4. Pension card/government ID card/Ration card /school leaving certificate/ Life insurance policy can be considered for senior citizens.
  5. FATCA declaration form applicable for individuals.

    • A) Valid Passport & Valid Resident / Employment Visa for NRI / NRO Accounts. In case account opened in person:
    • Valid Passport with overseas resident address or work permit (i.e. Green Card as residence permit for USA, H1 Visa as work permit for USA or Honk Kong ID card for residence of Hongkong)
    • If the visa is not stamped in the passport (as is the case with some of the European Countries) copy of the resident permit issued by their Immigration authorities
    • Separate proof of Non Resident status if the passport holds Indian Address and resident Visa permit is not included in passport.
    • PIO (Person of Indian Origin) Card issued by the Government of India in case of foreign passport. If PIO card is not available, self declaration by the customer.
    • In case the Indian nationality / origin cannot be ascertained based on the documents submitted, a self declaration giving details of the Indian Origin confirming the city and state of birth in India

  6. Photograph of individual account holder

For persons employed with foreign shipping company:

  1. Initial work contract
  2. Last wage slip
  3. CDC (Continuous Discharge Certificate)
  4. Employment contract / letter on the letter head of the agent wherein, the overseas address of the shipping co / airline is prominently displayed.

For contract employees:

  1. Last work contract
  2. Letter from local agent confirming next date of joining the foreign vessel (not more than six months of date of last return to India)
  3. Principal's overseas address or current work contract. In case of documents sent by mail:

All document / signatures to be attested by any one of the following:

  1. Indian embassy.
  2. . Overseas Notary
  3. Local banker of the NRI

 Download the form here

  • Your Non Resident Account can be funded by way of:

Change in status from NRI a/c to Resident a/c.

After your return to India with intention of residing in India for an uncertain period you are hereby requested to kindly intimate us at the earliest.

Who can open an NRI account ?


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