Nri banking rules
This query is : Resolved
31 December 2011
As an NRI can one hold a resident account, or any PF account? If not what are the consequences of holding such account and remedies available.
whether any permission is needed from RBI in respect to transfer to RFC a/c after becoming a resident individual?
whether any permission is needed from RBI in respect to transfer to RFC a/c after becoming a resident individual?
01 January 2012
No NRI's are not allowed to hold resident bank accounts in India , they need to convert the same in NRO account or open NRE account.
Anuj
+91-9810106211
femaquery@gmail.com
Anuj
+91-9810106211
femaquery@gmail.com
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