InvestorQ : What are the documents needed by an NRI to open an NRO savings bank account?
Niharika Kamble made post

What are the documents needed by an NRI to open an NRO savings bank account?

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Sadaf Khan answered.
2 years ago
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Non-resident ordinary (NRO) account is a type of account that an NRI is required to open in India to conduct any financial transactions. This is because the Indian government doesn’t allow NRIs to hold any savings accounts in their name if they have NRI status.
Here are the documents required to open an NRO account: - Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, address, signature and observation page, if any)
- Proof of NRI status, by way of valid Employment/Residence Visa copy or Work / Residence Permit
- Proof of Overseas and Indian Address
- Copy of Indian PAN card or Form 60
- Recent passport size colour photograph
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