Who can open?
NRIs (individuals/entities of Bangladesh or Pakistan nationality/ownership require prior approval of RBI).
Joint Account Facility
Account can be held jointly by a NRI / PIO with a Resident Indian (Former or Survivor basis). A Resident Indian can operate the account only as a Mandate / POA holder. The Resident Indian must be a close relative as defined in Section 6 of the Companies act, 1956.