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Click here Non Resident Indians have different banking needs as compared to Indian residents. They may be based abroad but may have dependants and sources of income in India which is why they need to continue maintaining their savings accounts in India. However, they need to convert their Indian accounts into NRI accounts to be eligible for NRI banking services. If you’re assuming NRI status, this article on FAQs about NRI accounts could be beneficial for you.
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October 2020
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