CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following banks has launched paperless account opening facility for NRIs?
A
ICICI Bank
B
Axis Bank
C
IDBI Bank
D
HDFC Bank
Explanation: 

Detailed explanation-1: -With this first of its kind paperless account opening facility, NRIs can open an NRI savings account with ICICI Bank (Limited) India in a single session on its website, eliminating the hassles of sending physical documents across continents.

Detailed explanation-2: -Accounts can be opened by remittances from abroad,deposit of foreign exchange brought into India , transfer from existing self NRE/FCNR accounts. Accounts can be opened jointly with any other Non-Resident Indian / Residents who are close relatives (as defined in Section 6 of the Companies Act 1956) of the NRI.

Detailed explanation-3: -Passport. Valid work visa. Deputation/ offer letter mentioning the overseas work address. Indian address proof.

There is 1 question to complete.