AM I an NRI

If an Indian Citizen(or Indian passport holder) lives outside of India for over 182 days in a year is an NRI i.e. non-resident Indian.

To open an NRI bank account, banks needs a valid visa status/work or resident permit proof on your passport.

There are two types of bank accounts for the NRIs: NRO and NRE

When you change your status to non-resident Indians: Firstly, we need to change our existing resident saving bank accounts to the NRO(we can deposit money, but taking out money is conditional). TDS (30.9%) is deducted on the interest earned on the Fixed deposits or savings.

If we need to  deposit or take out money frequently to and from the bank account in India, open an NRE account.

An NRI cannot open a PPF account. But, he can make contributions to an existing PPF account.A PPF account matures in 15 years.

You need to update your KYC with the financial institutions.

You need to convert your credit/debit cards to the international cards. Do ensure whether your card is part of the Global ATM Alliance else you need to pay the fees.


We need to activate the international roaming on the Indian mobile number to receive the OTP on the phone.