Documentation for NRO Recurring Deposit

Axis Bank offers NRIs an NRO Recurring Deposit. With this deposit, NRIs get the benefit of easy funding, competitive interest rates, flexible monthly installments and monthly tenure options. Before applying, make sure that you have all the required documentations for NRO Recurring Deposits.

In order to open a deposit, the customer will have to submit the following documents

For NRI (Non Resident Indian)

• 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
• Copy of Indian PAN card or Form 60
• Proof of Overseas and Indian Address (as per Customer Identification Policy)
• Recent passport size colour photograph

For PIO (Person of Indian Origin)

• 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 passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, signature and observation page, if any)
• 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

All the above photocopies required to open an NRO Recurring Deposit should be attested in case you are downloading the account opening form and sending it to India. Attestation can be done by your banker abroad or the Indian Embassy or notary or equivalent authority as per the applicable law.

The address proof must match with the communication address selected by you on this Relationship Form.

Any One Of The Following Address Proofs

• Utility Bill
• Driving License
• Residence Permit (Govt. Issued Identity Card)
• Credit Card Bills
• Rent Receipt
• Overseas or Indian Bank Statement