Eligibility and Documents required for opening an NRI Savings Account

If applying from India or overseas, submit self-attested photocopies of:

• Passport (First and last four pages).


• Any of the following document with valid relationship proof (for spouse / parents / grandparents) evidencing customer’s India connect:
  
  
  • OCI / PIO Card
  
  
  • Expired Indian Passport of Self/Spouse/Parents/Grand Parents with relationship proof
  
  
  • OCI/PIO card of Spouse/Parents/Grand Parents.
  
  
  • Certificate issued by Indian Embassy or consulate providing PIO/OCI status.
  
  
  • Place of birth is “India” as per Passport.
  
  
  • Foreign passport of Spouse/Parents/Grand Parents with their Place of birth is “India" as per Passport.

• Valid work/employment visa (if the residence country differs from the passport-issuing country). If the visa has expired, an acknowledged renewal request will be accepted


• PAN Card or Form 60
  
  • PAN or Form 60 as applicable for all types of accounts
  
  
  • PAN to be verified from the issuing authority (NSDL)
  
  
  • PAN acknowledgement number is mandatory in Form 60, if Indian income is above threshold limit

Note: PAN is mandatory for the customer holding Indian Passport.

• FATCA/CRS Declaration.


• CKYC Annexure.


• Address proof – View full list Click here.

The additional Requirement is only for Non-face-to-face account opening

Non-Face-to-Face account opening:

OVD (Officially Valid Documents) as Identity and address proof should be self-attested and certified by any one of the following authorities:

Authorised officials of overseas branches of Scheduled Commercial Banks registered in India – list of banks available in Universe.

Branches of overseas banks with whom Indian banks have relationships. – list of banks available in Universe

Notary Public abroad,

Court Magistrate,

Judge,

Indian Embassy/Consulate General in the country where the non-resident customer resides.

Note:

a) The KYC documents can also be notarized using online platform offered by various service provider. The online notarization only applicable for notary abroad. The process is subject to laws/regulation applicable to respective country/state. The detailed process will be documented in the Bank’s internal circular 12476.

b) Passport (Indian / Overseas) should be valid for at least 90 days at the time of onboarding NRI customers. In case of any exception, the request can be sent to product/complia

• First credit/payment (initial funding) should be from the customer's overseas bank account with another bank through cheque/Wire transfer/ FCC/ M2I /Exchange House (Vostro transfer).
  
  PAN is mandatory for opening NRI account through Non-face-to-face channel - PAN to be verified from the issuing authority (NSDL).
  
  Current address to be verified with Positive Confirmation – Bank will verify the current address through positive confirmation by means such as address verification letter, contact point verification, deliverables, etc. before allowing operations in the account


• Transactions shall be permitted only from the mobile number used for account opening - Alternate mobile number for transaction OTP/updates shall not be allowed (other than registered mobile number). Any request for change of mobile number will be as per the process mentioned in branch banking module.


• Non-Face-to-Face NRI account opening using identity verification agency - For the NRI customers opening Non-Face-to-Face account, the customer can also submit the self-attested KYC documents along with the account opening form, besides the regular account opening scrutiny, the account opening will be subject to Successful Verification from independent Identity Verification Agency.


• Risk Categorisation for NRI account opened through Non-face-to-face channel - NRI accounts opened through Non-Face-to-Face channel will be categorized as high risk in CRC. Subsequently, enhanced monitoring is conducted until the identity of the customer is verified in face-to-face manner or through V-CIP.

If applying from India or overseas, submit self-attested photocopies of:

• Passport (First and last four pages, with a clearly visible signature matching theform).
  

  Valid student visa or I-20 form (for Non-face-to-face US applicants)

• PAN Card or Form 60
  
  
  • PAN or Form 60 as applicable for all types of accounts
   
  • PAN to be verified from the issuing authority (NSDL)
   
  • PAN acknowledgement number is mandatory in Form 60, if Indianincome is above threshold limit

 

Note: PAN is mandatory for the customer holding Indian Passport.



• FATCA/CRS Declaration.


• CKYC Annexure


• Address proof – View full list here. Click here

The additional Requirement is only for Non Face to Face account opening

Non-Face-to-Face account opening:

OVD (Officially Valid Documents) as Identity and address proof should be self-attested and certified by any one of the following authorities:

Authorised officials of overseas branches of Scheduled Commercial Banksregistered in India – list of banks available in Universe.

Branches of overseas banks with whom Indian banks have relationships. – list of banks available in Universe

Notary Public abroad,

Court Magistrate,

Judge,

Indian Embassy/Consulate General in the country where the non-residentcustomer resides.

Note:

a) The KYC documents can also be notarized using online platform offered byvarious service provider. The online notarization only applicable for notaryabroad. The process is subject to laws/regulation applicable to respectivecountry/state. The detailed process will be documented in the Bank’s internalcircular 12476.

b) Passport (Indian / Overseas) should be valid for at least 90 days at the time ofonboarding NRI customers. In case of any exception, the request can be sent toproduct/complia

• First credit/payment (initial funding) should be from the customer's overseas bankaccount with another bank through cheque/Wire transfer/ FCC/ M2I /ExchangeHouse (Vostro transfer).

• PAN is mandatory for opening NRI account through Non-face-to-face channel -PAN to be verified from the issuing authority (NSDL).Current address to be verified with Positive Confirmation – Bank will verify thecurrent address through positive confirmation by means such as addressverification letter, contact point verification, deliverables, etc. before allowingoperations in the account.


• Transactions shall be permitted only from the mobile number used for accountopening - Alternate mobile number for transaction OTP/updates shall not beallowed (other than registered mobile number). Any request for change of mobilenumber will be as per the process mentioned in branch banking module


• Non-Face-to-Face NRI account opening using identity verification agency - Forthe NRI customers opening Non-Face-to-Face account, the customer can alsosubmit the self-attested KYC documents along with the account opening form,besides the regular account opening scrutiny, the account opening will be subjectto Successful Verification from independent Identity Verification Agency.


• Risk Categorisation for NRI account opened through Non-face-to-face channel -NRI accounts opened through Non-Face-to-Face channel will be categorized ashigh risk in CRC. Subsequently, enhanced monitoring is conducted until theidentity of the customer is verified in face-to-face manner or through V-CIP.

• Valid Passport (First and last four pages, including the latest arrival stamp in India).


• PAN Card or Form 60
  
  
  • PAN or Form 60 as applicable for all types of accounts
  
  
  • PAN to be verified from the issuing authority (NSDL)
  
  
  • PAN acknowledgement number is mandatory in Form 60, if Indian income is above threshold limit

Note: PAN is mandatory for the customer holding Indian Passport.

• FATCA/CRS Declaration


• CKYC Annexure.


• Address proof – View full list Click here.


• Valid Visa OR Continuous Discharge Certificate (CDC) – CDC or visa along with last arrival date in India OR a declaration by an ICICI Bank employee (if sailing for the first time).


• List of NRI status proof documents as applicable for Seafarer In different scenarios:

Documents for DTAA (Double Taxation Avoidance Agreement) Benefits

To avail DTAA benefits, submit physical copies of the following:

• Self Declaration.


• Tax Residency Certificate (TRC) (Original or certified true copy) for the applicable financial year.


• Form 10F.


• Self-attested PAN Card (not required if PAN is already updated in the account).

Submission: Documents can be submitted at any ICICI Bank branch in India.