NRI as second account holder of resident account

This query is : Resolved 

09 January 2025 Can NRI be the second account holder of a joint resident savings account where the primary account holder is a resident? If so, are there any limits on the number of such accounts?

09 January 2025 Yes, a non-resident Indian (NRI) can be a second account holder in India, but only with a close relative who is a resident Indian.

09 January 2025 Thank you. Can you confirm that this can be done in multiple accounts with different banks and the account can continue to remain as a regular (resident) account?


09 January 2025 Have only one account multiple accounts leads to problem.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries