Punjab Sind Bank NRI Services

Hello sir I am here as I want to know about the Services/ Facilities provided for Non Resident Indian by Punjab & Sind Bank so will you please tell me about this to me??

[shikha]

Hey!! Punjab & Sind bank is one of the public sector banks' having all the branches covered under Core Banking Solution (CBS) platform.

A Non-Resident Indian means:

A person resident outside India who is a citizen of India i.e.

-Indian citizens who proceed abroad for employment or for carrying on any business or vocation or for any other purpose in circumstances indicating indefinite period of stay outside India.

-Indian citizens working abroad on assignments with Foreign Governments, Government Agencies or International/Multinational Agencies like United Nations Organisation (UNO), International Monetary Fund (IMF), World Bank etc.

-Officials of Central and State Governments and Public Sector Undertakings deputed abroad on assignments with Foreign Government Agencies / Organisations or posted to their own offices including Indian Diplomatic Missions abroad.

A person of Indian origin (PIO) who is a citizen of any other country other than Bangladesh or Pakistan, if

-He, at any time, held an Indian passport or

-He or either of his parents or any of his grandparents was a citizen of India by virtue of Constitution of India or Citizenship Act 1955 (57 of 1955)

-The person is a spouse of an Indian Citizen or a person referred to in sub clause (i) or (ii) above


Investment facilities for NRIs:

Following ways can be accepted by NRI for investment in India.

Investment on Repatriation basis

Investments on Non-repatriation basis

Investment in Immovable Property


For Complete Facilities Information here I am attaching an Attachment: