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Mode of account opening
Features: Paperless Physical
Time taken to open the account 2 working days 2 working days from the date of receipt of physical form
Convenience Scanned images of all documents to be uploaded Physical copies of all documents to be couriered
Go-Green Initiative Contributes significantly since almost no print-outs required Physical copies of all documents to be couriered
Type of accounts feasible Only NRE and NRO Savings account All accounts including conversion of existing accounts
Country of Residence of the applicant(s) All applicants have to be from USA Primary applicant needs to be from the permissible list of countries other than India. Co-applicant can be a resident Indian
Minor account NA Feasible
Addition of mandate holder After the account is opened Feasible along with the account opening process
Addition of nominee After the account is opened Feasible along with the account opening process

 

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