Axis bank provides NRI account under easy rules and regulations. Any person who is of Indian origin and residing outside the country with valid identity can become an owner of Axis Bank NRI Account. But those who travel very often for certain purposes, for any short tour or visit to any other place, or residing at Bangladesh, Pakistan, Nepal and Bhutan cannot open an Axis Bank NRI Account.
Following are the features of AXIS Bank NRI Account:
- International debit card absolutely free along with personal accident insurance worth of Rs 2 lacs.
- Free internet/tele-banking/mobile banking facility from anywhere, anytime for 24*7.
- Instant credit of drafts and cheques worth of Rs 1 lakh.
- Fast collection of cheques and drafts drawn at other countries.
The customer should abide by the following documentation process:
Photocopies of valid passport and visa.
Photocopies of valid employment permits.
Photocopies of valid address proofs like driving license, utility bill etc.
Photocopies of continuous discharge certificate in case of marine international accounts.
Photocopies of identity details where signature, date and place of birth are stated.
Add on account for free for any relative of the owner in India.
Foreign cheque collection and inward remittance are absolutely free.
All the mentioned documents must be attested by the consulate of the Indian Embassy or the notary or the banker in Indian branch.
The banking structure is prepared to suite the requirements of NRIs through out the world.