Organisation : Bank of India
Facility : NRI Account Opening
Download Application Form here : https://www.statusin.in/uploads/20290-NRI_APPLICATION.pdf
Website : https://www.bankofindia.co.in/
Account Opening :
NRIs, like you, have been playing a sterling role in the development of India. As you are aware, the Indian economy is fast developing and integrating into the world economy.
Related : Bank of India Online Grievance & Track Status : www.statusin.in/17903.html
India is considered as a safe and reliable destination for foreign investments. Bank deposit is one of the important avenues because of safety, liquidity and steady returns it offers.
We, at BANK OF INDIA, have always held the NRI community in high esteem. BANK OF INDIA is a Govt. of India Public Sector Undertaking and a premier banking institution. We offer a variety of deposit schemes for NRIs.
Our network of over 4800 domestic branches and 56 foreign outlets is always at your service to take care of your banking needs. In order to render service exclusively to NRIs, we have 6 Specialized NRI Branches at important cities apart from 12 Branches with NRI centres at certain key Cities, gradually spreading across the Globe
When you return to India for permanent stay, you can place your foreign savings in Resident Foreign Currency Account (RFC)
We look forward to a long lasting bond of mutually beneficial relationship.
Who is PIO?
A person of Indian origin who is a citizen of any other country other than Bangladesh or Pakistan, if :
** She/ He, at any time, held an Indian passport or
** She/ He or either of her/his parents or any of her/his grand-parents was a citizen of India by virtue of Constitution of India or Citizenship Act 1955 (57of 1955)
** The person is a spouse of an Indian Citizen or a person referred to in sub clause (i) or (ii) above.
Who is Returning Indian?
Returning Indians i.e. those Indians who were non-residents earlier, and are returning now for permanent stay in India are permitted to open, hold and maintain Resident Foreign Currency (RFC) A/c.
3 SIMPLE STEPS TO OPEN AN ACCOUNT:
Apply online :
** Download application form from
** Fill in the application on-line
** Print application form
** Sign application form
Attach required documents :
** Copy of passport.
** Two photographs of account holder/s.
** Signatures to be verified by Indian embassy/known bankers.
** Full particulars as provided in the application form including nomination.
** Remittance should be in foreign currency.
** (Please note to give overseas and local addresses, contact phone/fax numbers, email address etc…)
** NRI’s can open an account by Inward remittances in any convertible currency from abroad by way of
** Demand drafts
** SWIFT
** Star Insta-Remit
** Speed Remittance
** All documents should be duly attested and verified by known bankers / Indian Embassy
Note: Account may be verified by present banker or by Embassy Officials abroad. Copies of important pages of passport (containing name, signature, birth-date, place/ date of issue, expiry date etc) duly authenticated by Notary Public/ Officials of Indian Embassy. Two passport size photographs with signatures on reverse Remittance for opening an account.
Submit to your nearest branch
For more details, please contact our nearest NRI branch