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Q.

What are the Documents Required for NRI Account in SBI?

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0 2024-09-23T13:40:46+00:00

There are several

documents required for NRI account in SBI. however, the requirement may depend on the type of account you are opening;

NRE (Non-Resident External) or NRO (Non-Resident Ordinary). The major documents required include proof of identity, and proof of address. Here are the details:

What are the SBI NRI Account Opening Documents?

Here are the SBI NRI account documents required:

Proof of Identity

  • Valid Passport: A copy of the passport with details including name, date of birth, photograph, and address.

  • Visa or Residence Permit: A valid visa, work permit, or resident permit showing the individual’s NRI status.

Proof of Address

  • Overseas Address Proof: Documents such as a utility bill (electricity, water), driving license, overseas bank statement, or lease agreement from the current country of residence.

  • Indian Address Proof (if applicable): Any official document like an Aadhaar card, voter ID, or utility bill for an Indian address.

  • Passport-size photographs (usually 2 or more, as specified by the bank).

This is usually required if opening a high-value account or applying for related services. It could include salary slips or income statements.

Compliance forms for the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS) are often required to declare tax residency.

A duly filled NRI account application form specific to the type of account (NRE or NRO).

Documents must be self-attested and notarized or attested by an Indian embassy, consulate, or a notary in the country of residence. Some banks may require a Power of Attorney (POA) if the account is being opened in India while the applicant is abroad.

The process can be initiated online, but physical or couriered submission of documents is often required for verification. This is all about the documents required for opening nri account in SBI

.

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What are SBI NRI Account Benefits

0 2024-03-20T11:08:03+00:00

There are several documents required for NRI account in SBI. I have seen my NRI friend applying for an NRI account in SBI so I know which documents will be submitted for it. Since you are trying to find the answer for this query, let me help you by checking the document list here.

What are the Documents Required for an NRI account in SBI?

To open an NRI account in SBI, you will need to furnish:

  • Proof of Status: Valid Visa / Work Permit/ Valid Job Contract or others

  • Identity Proof: Utility Bill/ Passport/ Driving Licence or others

  • Proof of Permanent Address (Overseas / Indian): Driving License/ Voter Identity Card/ Aadhaar Card or others 

  • Passport size photographs

You can check out the entire list of documents required on

the

SBI official website

as well. 

What are the SBI Home Loan for NRI Documents Required?

The list of SBI NRI home loan documents you will be asked to provide are:

  • Employer identity card

  • Attested copy of Visa or Passport

  • Address Proof documents

  • PIO Card issued by the Government of India (in PIO cases)

  • Loan application form 

  • Identity Proof

  • Residence Proof

  • The attestation of documents may be done by FOs/Rep. Offices, the Indian Embassy/Consulate the Overseas Notary Public or officials of Branch/Sourcing outfits based in India.

  • Copy of the Continuous Discharge Certificate (CDC)-for applicants employed in the merchant navy.

  • Permission for construction

  • Sale agreement/ Stamped Agreement/ Allotment Letter

  • Occupancy Certificate

  • Bank details for the past 6 months

  • Loan details if taken previously

  • Valid work permit

  • Employment contract 

  • Salary slip

  • Income proof and others

You can go through the SBI NRI home loan documents checklist available on the

SBI website

as well. Just at the bottom of the page, you can apply for your home loan easily. So this is the list documents required for NRI account in SBI. 

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