SBI NRI Account

Hello sir, my brother is looking for to open NRI account. Which documents are needed to open an NRI account in state bank of India?

[shikha]

The state bank of India is provides facility to open NRI account. If you're a non-resident Indian (NRI) and hold an SBI UK account, bank can act as facilitator for NRI accounts offered by its parent company.

These are opened, maintained and serviced by SBI branches in India.

Non-resident Ordinary Rupee Account (NRO)

Rupee account, taxable in India, with interest rates linked with Indian domestic deposit rates.

Non-resident External Rupee Account (NRE)

Rupee account, non-taxable in India, with interest rates decided by SBI

Foreign Currency Non-resident Deposit Account (FCNR)

Fixed-deposit accounts only, non-taxable in India, available in six currencies.(USD, GBP, EUR, CAD, AUD, JPY)

Link for to open NRI account in SBI:



Documents Required Opening The Account:

Passport / PIO card copy
Visa/residence permit
2 photographs
Initial money remittance
PAN Card
Passport
Foreign Address proof
Indian Address proof
Latest SBI NRE / NRO Bank Account statement (as applicable)
Cancelled cheque leaf as MICR proof or SBI bank letter
RBI permission
General Power