can sukanya samriddhi account opened by nri?
442687
Status of Sukanya Samriddhi Accounts for NRIs This scheme has elicited a lot of response from the NRI community abroad but as per the current provisions of this scheme NRIs are not eligible to open Sukanya Samriddhi account for their daughters.
410306
However, the administration allows the premature withdrawal and closure of Sukanya Samriddhi Account. Sukanya Samriddhi Account can be closed prematurely on the basis of marriage, change of status such as change of citizenship and country of residence, only after maintaining deposits for 5 years.
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['Fill out the SSY Account opening form.', 'Keep the documents ready along with photographs.', 'Pay the deposit amount (any amount between Rs. 250 and Rs. ... ', 'You can give a standing instruction at the branch or you can set up automatic credit to SSY Account through NetBanking.']
1112659
An NRE account is a savings account that can be opened by any NRI. ... Money transferred to a NRE account in any foreign currency is converted to INR and permits NRIs to hold and maintain foreign currency earnings in INR. It allows you to repatriate all funds including interest earned at any point of time.
962064
As an NRO account holder you can buy and sell equities in customer can trade in NRO account without reporting to RBI as a normal accounts. NRE PINS account allows transactions where the funds can be repatriated into foreign currencies.
342332
Even PPF and Sukanya Samriddhi Account premiums can be paid online through IPPB. 1) Add money from your bank account to IPPB account. 2) Go to DOP Products. Choose Recurring Deposit, PPF or Sukankya Samridhi.
588453
It's perfectly legal to transfer money from your existing FCNR or Non-Resident External Rupee Accounts with any bank to your new NRE account. Since the source of money is always overseas fund, this is allowed and the most convenient way if you happen to have NRE account of your own or with your wife or friends.
1165897
You can open the account in any post office. Address and identity proof such as the Aadhaar card, passport, PAN (permanent account number) card or declaration in Form 60 or 61 as per the Income Tax Act, 1961, driving licence, voter's identity card or ration card.
542009
Procedure to Transfer Sukanya Samriddhi Account The SSY account can be transferred from a bank to a post office and vice versa. ... You can contact the bank branch or the post office where the account is opened for the transfer request form.
334708
NRO accounts can be opened as a joint account with other Non-Resident Indian(s) and Resident Indians. However only resident close relative can be added as joint account holder in NRO accounts on "Former or Survivor" basis only.
1374809
['Account Opening - Account can be opened by biological parents or legal guardians on behalf of the girl child through an initial deposit of INR 250. ... ', 'Deposits - Account requires a low deposit of INR 250 per year and a maximum deposit of INR 150,000 a year is allowed.']
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“NRIs cannot open a new PPF account or make a new investment in NSC,” says Abhinav Gulechha, a SEBI Registered Investment Advisor (RIA). NRIs can continue with their old investments in NSC and continue to invest in their old PPF account if it was opened before they acquired NRI status.
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['NRO account can be opened jointly with a resident or non-resident.', 'If the signature on the form varies from the one in the passport, it has to be attested by the manager.', 'Some charges may be levied by the bank for conversion of existing account to NRO.']
1095365
Account can be opened in any bank branch or Business Correspondent (Bank Mitr) outlet. PMJDY accounts are being opened with Zero balance.
798152
An NRO account is a savings or current account held by NRIs in India to manage their income earned in India. Account-holders can deposit and manage their accumulated rupee funds without any hassle. The account allows you to receive funds in Indian or Foreign currency.
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Documents such as proof of identity, NRI status proof, proof of foreign address and two photographs need to be submitted. In case of a new account, the NRI will have to fill up a new account opening form with similar KYC documents.
121773
An NRE account is a bank account opened in India in the name of an NRI, to park his foreign earnings; whereas, an NRO account is a bank account opened in India in the name of an NRI, to manage the income earned by him in India. ... An NRI can open a joint NRO account with one or more NRIs or Indian citizens.