We facilitate opening of NRI accounts in India at any State Bank of India branch of your choice. You need to fill up the account opening form which we shall forward along with other documents to the Branch in India where you want to open the account. The said Branch, after opening the account, will provide you the details of your account, Deposit Certificate or cheque book/passbook, ATM card, Internet banking ID and password depending on the type of account you open.
DOCUMENTS REQUIRED TO OPEN THE ACCOUNT
• Passport / PIO card copy
• Visa/residence permit
• 2 photographs
• initial money remittance
TYPES OF DEPOSIT ACCOUNTS
Please visit http://www.statebankofindia.com/user.htm
Information on deposit/interest/remittance facilities available to NRI accountholders is available on
Who is an NRI?
A Non Resident Indian (NRI) as per FEMA 1999 is an Indian citizen or Foreign National of Indian Origin resident outside India for purposes of employment, carrying on business or vocation in circumstances as would indicate an intention to stay outside India for an indefinite period.An individual will also be considered NRI if his stay in India is less than 182 days during the preceding financial year.
A Person of Indian origin (PIO) is a citizen of any country other than Pakistan, Bangladesh or Sri Lanka
• At any time held an Indian Passport,
• He or any of his parents or grand parents was a citizen of India,
• Is a spouse of an Indian Citizen or a person referred to above.
For further information/clarifications please call/email
Mr Narendra Kumar Choudhary, Asst Manager (Trade & NRI)
Please call the number to fix an appointment for opening the NRI account.