
Non-resident Indians (NRIs) who live and work abroad need to have an NRI account in India. There are many benefits attached to an NRI account. But to open an NRI account, you have to produce certain documents.
Required Documents for NRI Account Opening
Here is a list of documents that any bank would require you to produce to open an NRI or NRE account:–
Proof of Identity
A photocopy of your passport, your Permanent Account Number (PAN), or your Form 60, in case you cannot produce your PAN.
Proof of NRI Status
A copy of your visa, work permit, or Overseas Resident Card.
Proof of Address
Any utility bill or identity card that holds the address that you update in your application form
Other Documents
You will have to provide the latest photograph of yourself along with a cheque from your bank account in India. You may be asked to provide additional documents.
The Advantages of an NRI Account with RBL
To open an NRI account in India, RBL is a digital bank that provides you with convenient features and facilities. You can open an NRE account and NRO account with RBL.
ACE NRE Savings Account with RBL
You can make deposits into your ACE NRE savings account by RBL with free repatriation facilities. The account is in INR and with tax-free interest. You can open your NRE account as a sole account or joint account. There is also the provision of operating the bank account through a power of attorney.
Feel the advantage of an RBL NRE account and the benefits it offers.