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Opening an NRI Bank Account in India (NRE, NRO, FCNR(B))
Document Checklist
Passport
Required: Original or self-attested colour copy with valid visa or residence permit page
Cost: Already issued
Most banks need every page that has stamps or visas; foreign citizens of Indian origin must also show evidence of PIO/OCI status.
Proof of overseas address
Required: Recent utility bill, bank statement, employer letter, or government-issued residence document
Cost: Free (existing documents)
The address proof must be in the applicant's name and recent (most banks accept documents up to three months old).
Proof of Indian address (NRO accounts)
Required: Aadhaar (where available), passport with Indian address, or other accepted KYC document
Cost: Free
Required mainly for NRO accounts when the applicant retains an Indian residential address. Not always required for NRE/FCNR(B).
PAN card or Form 60
Required: PAN card; or Form 60 declaration if PAN has not yet been allotted
Cost: Free (already issued); see our PAN card guide if you do not yet have one
Banks require PAN under Income Tax Rules for higher-value transactions; an NRO holder typically needs PAN to manage taxable interest income.
FIRC
Foreign Inward Remittance Certificate or initial funding evidence
Required: Bank advice or remittance certificate showing source of funds (for NRE / FCNR(B))
Cost: Free or nominal (issued by remitting bank)
NRE and FCNR(B) accounts can only be funded by remittance from abroad or transfer from another NRE/FCNR(B) account. Per RBI, NRO accounts may also be credited with legitimate dues in India.
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