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Non Resident Ordinary (NRO) Account
Manage your income, deposits and more, with ease
Key Features
Experience smooth management and repatriation of income earned in India
An INR (₹) denominated account that allows Non Resident Indians (NRIs) to manage the income earned by them in India. This income includes rent, dividend, pension, interest, etc
Repatriation of USD one million per year as per FEMA norms after tax deduction
Account can be held jointly with another NRI
Facility for joint ownership with Resident Indian Account holder on Former or Survivor basis
Facility for operation by a Power of Attorney Holder
Other Benefits
Eligibility
- Non Resident Individual of Indian Nationality or Indian Origin
- In case of Person of Indian Origin (PIO), if the nationality is of Pakistan or Bangladesh, a prior approval from Reserve Bank of India (RBI) will be required
- For list of Overseas (NOSTRO) Account details, click here
- For list of Foreign Exchange Branches (B Category), click here
- For US Patriot Act Certificate, click here
- For Frequently Asked Questions (FAQs), click here
For more details about Forex Other Services contact us at 41834500/528/529/530/542/560
