Can OCI Cardholders Open Bank Accounts in India?

13 December, 2024 at 6:20 am

An OCI cardholder can open all types of bank accounts in India that are allowed to the resident customers including NRO accounts, NRE accounts, Foreign currency non-resident bank accounts, and also domestic accounts in some cases. They can also open joint accounts with close relatives who are Indian residents.

Tags : oci, oci general queries
Posted by: David Lucas 4 Comments

Can you help this post? Please Comment Us.

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    - 18 January, 2025

    I have an OCI card and by this, I have opened a demat account for which I'm eligible. And I have both repatriable (NRE) and non-repatriable (NRO) Demat accounts.

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    - 18 January, 2025

    There are many types of bank accounts NRO (Non-Residents Ordinary) accounts, NRE (Non-Residents External) accounts, FCNR (B) (Foreign Currency Non-Resident Bank) accounts, and Domestic accounts but I have opened NRO (Non-Residents Ordinary) accounts.

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    - 18 January, 2025

    I have applied to open a bank account in India and have submitted some related documents: an OCI card, PAN card, and Form 60 (if income is less than 3 lakh).

  • img
    - 18 January, 2025

    I don’t have an OCI card but I want to go to India. I applied for an OCI application card to visit India and get multiple entries into Indian Lifelong.

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