In addition to the account opening form, please submit the following documents to open a Non-resident account [with one Address proof]: Affix recent passport sized colored photograph for each account holder and sign across the photograph Attach photocopy of relevant pages of the passport with your name, address, photograph, signature, date of birth, date and place of issue, expiry date and stamp regarding your stay outside India Document issued by an authority (School, College, Govt) OR passport.

You are a Person of Indian origin [PIO] if you are a citizen of a foreign country (other than a citizen of Bangladesh or Pakistan ) and: You or either of your parents or any of your grandparents were citizens of India by virtue of the Constitution of India or the Citizenship Act, 1955 OR You are the spouse of an Indian citizen or of a person of Indian origin (other than of Pakistan or Bangladesh ) See similar questions...

Ans. See similar questions...

The requirements applicable to an NRI will also apply to a PIO. However, additionally, he will need to submit a certified true copy of the PIO Card. See similar questions...

Affix recent passport sized colored photograph for each account holder and sign across the photograph Attach photocopy of relevant pages of the passport with your name, address, photograph, signature, date of birth, date and place of issue, expiry date and stamp regarding your stay outside India Attach photocopy of Resident Visa / Work Permit / current visa or any other proof of non resident Indian Status Attach a check/draft for at least US Dollar 1,000 or equivalent, favoring ABN AMRO BANK, Ac. See similar questions...

A citizen of any country (other than a citizen of Bangladesh or Pakistan) is deemed to be of Indian origin, if, ii. he or either of his parents or any of his grand parents was a citizen of India by virtue of the Constitution of India or Citizenship Act, 1955 ,or iii. a spouse (not being a citizen of Bangladesh or Pakistan or Sri Lanka) of an Indian citizen or of a person of Indian origin is also deemed to be PIO. See similar questions...

quot;Persons of Indian Origin" means a foreign citizen (not being a citizen of Pakistan, Bangladesh and other countries as may be specified by the Central Government from time to time) if, He/she or either of his/her parents or grand parents or great grand parents was born in and permanently resident in India as defined in the Government of India Act, 1935 and other territories that became part of India, thereafter provided neither was at any time a citizen of any of the aforesaid countries. See similar questions...

For the purposes of availing of the facilities of opening and maintenance of bank accounts and investments in shares/securities in India A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian origin, if, He or either of his parents or any of his grand parents was citizen of India by virtue of the Constitution of India or Citizenship Act, 1955 (57 of 1955). See similar questions...

He or either of his parents or any of his grandparents was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955; or See similar questions...

Please fill in Page No. 5 & 6 for Individual (ignore Page No.8 & 9 which is for Non-Individual). Please ensure that the form is complete in all respects and copies of the required documents are attached. Proof of Bank Account (cancelled cheque / pass book / Bank Statement / or letter from bank certifying account number). See similar questions...

Funds held in the NRO cannot be repatriated by the non-resident nominee & will be credited to the nominee's NRO account. Application from a resident nominee for remittance of funds outside India for meeting the liabilities of any of the deceased Account Holders or for similar purposes should be forwarded to the Rerserve Bank of India In the case of a resident nominee, the funds held in the NRE/FCNR account can be repatriated subject to prior specific RBI permission. See similar questions...

Yes. Reserve Bank has granted general permission for letting out any immovable property in India. The rental income or proceeds of any investment of such income is eligible for repatriation Reserve Bank has granted general permission to certain financial institutions providing housing finance e.g. HDFC, LIC Housing Finance Ltd., etc., to grant housing loans to non-resident Indian nationals for acquisition of a house/flat for self occupation subject to certain conditions. See similar questions...

The easiest way of opening an account would be to contact the nearest branch of Bombay Mercantile Co-op. Bank who would gladly assist in fulfilling the required formalities and opening an account. If Bombay Mercantile Co-op. Bank branch is away, then following documents may be sent to the branch where account is desired to be opened :- Account may be introduced by an existing customer of the branch or may be verified by present banker or by Embassy Officials abroad. See similar questions...