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NRO Rupee Current Account

An NRO-CA account can be opened by remittance from abroad, or by legitimate dues in rupees of the account holder in India. The existing domestic account of the resident converted to NRO account on their taking up business/employment/immigration abroad. Joint account with resident’s close relative is allowed. These accounts are useful for business transactions for individuals and institutions.

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  • Benefits
  • Most Important Terms and Conditions (MITC)

NRO Rupee Current Account : Benefits

NRO Rupee Current Account : Most Important Terms and Conditions (MITC)

  • Only NRIs can open this account.
  • Overseas corporate bodies cannot open this account w.e.f. 16/09/2003.

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