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 with a Resident Indian (Former or Survivor basis). Resident Indian can operate the account only as a Mandate / POA holder and must be a close relative of the NRI Account holder as defined under Section 6 of the Companies act, 1956.
An Indian resident can be authorized to operate the account and provided with an ATM card for the account