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Investing in SBI Mutual Funds · An NRE/NRO Bank Account: The first and most important requirement for you is to open a Non-Resident External (NRE) or Non-. or under circumstances indicating an intention for an uncertain duration of stay abroad is a NON-RESIDENT INDIAN (NRI). Plus Savings Accounts. Repatriation Advantages: Another important advantage of NRI Accounts is repatriation benefits. Both NRO and NRE Saving Accounts allow smooth movement of funds.

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Experience the new age of banking with SBI Canada Bank and enjoy a range of products and services. Latest SBI NRE/NRO bank account statement (as applicable); Cancelled cheque leaf of MICR proof or declaration on SBI branch letter head. SBI Mutual Fund invites Non Resident Indians to take the opportunity to invest and benefit from the growth potential in India.

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If you're a non-resident Indian (NRI) and hold an SBI UK account, we can act as facilitator for NRI accounts offered by our parent company. These are opened. In this regard, our Male' branch facilitates opening of NRI accounts to RM) on or write to [email protected] for the purpose. If you are an NRI (living out of India), you may not convert your NRE account to a savings account. · If you have moved to India and become a resident as per.