You have to be an Indian citizen residing outside India for the purpose of employment, business, education or vocation; or a person of Indian origin deployed outside India to fit the criteria outlined for NRE savings account eligibility.
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NRI (Non Resident Indian)
An Indian citizen residing outside India for the purpose of:
- Employment, studies, business or vocation
- Individual posted in UN organisation or official deputed abroad by Government of India or public sector undertakings
- Indian nationals who may be Mariners or working on oil rigs or foreign registered airlines
- PIO (Person of Indian origin)/ OCI (Overseas Citizen of India)
- Has held an Indian passport at any point of time
- Parent or their grandparent was Citizen of India by virtue of the Constitution of India or India Citizen Act 1955
- Is a spouse of an Indian Citizen or spouse of PIO
Exclusions
- Residents who travel overseas for health and medical check-up, or
- For any tour abroad for their short visit whether on excursion or business promotion, or
- Residing in Bangladesh or Pakistan without prior approval of RBI, or
- Residing in Nepal and Bhutan, or
- Seafarers employed by Indian shipping companies
- Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, address, signature and observation page, if any)
- Proof of NRI status, by way of valid Employment/Residence Visa copy or Work / Residence Permit
- Proof of Overseas and Indian Address (as per Customer Identification Policy)
- Copy of Indian PAN card or Form 60
- Recent passport size colour photograph
- Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, signature and observation page, if any)
- Copy of valid PIO/OCI card or any other proof of PIO status (as per Customer Identification Policy)
- Proof of Overseas and Indian Address (as per Customer Identification Policy)
- Duly signed and filled-in PIO declaration
- Copy of Indian PAN Card or Form 60
- Recent passport size colour photograph