NRO Current Account - Canara Bank

Text Size:
A+
A
A-
|
Color Theme:
Toggle between Default and Dark theme Dark Mode
Screen Reader:
Skip to main content

Non-interest bearing account for NRI’s who do not wish to earn interest on their deposits.
Nil initial balance.
Rupee dominated account.
Amount lying in account can be used for investment in India and local payments.
Joint account can be opened.
Transfer money from your existing nonresident account.
Funds lying in account are non-repatriable.
Power of attorney to local resident can be given.
Digital banking services like internet banking and mobile banking are available.
Value added services like cheque book, domestic debit cards, standing instructions etc. are available.
Nomination facility available.

FOR NRI STATUS HOLDER.PIO/OCI HOLDER and SEAFARER
Status proof
Valid visa /Work permit For Sea Farer: Continuous Discharge certificate (CDC) with valid job contract letter (Disembarkation stamp on CDC is not more than 6 months old) For PIO/OCI holders, any one of the following documents are required: Valid PIO card mentioning overseas address Valid OCI card mentioning overseas address Any other documents evidencing and establishing PIO relation.
Identification proof	Passport
Current address document (Overseas)	Passport (Mentioning overseas address) Letter from employer, offer letter Government issued ID card Valid permanent driving license Utility bill (Electricity, Telephone, Gas) from private or public operators not exceeding 2 months prior to application Original copy of latest overseas bank account or existing NRE/NRO account statement carrying overseas address, not exceeding 3 months prior to application. In case of joint account with close relative, document evidencing and establishing relation is required. For seafarer : Employer’s overseas address or Indian address
Permanent address proof (Indian/Overseas)	Anyone of the following: Aadhaar, Bank account statement, Passport, Driving License, Voter Identity Card, NAREGA Job Card, Passport for PIO and OCI
Other documents: Account opening form FATCA declaration FORM 60 (In absence of PAN) TIN 2 passport size photographs Document attestation for NRI’s living abroad in case document is sent by post and the prospect is not personally present in the branch. Copies of the documents related to Address Proof and Identity proof to be attested by: Authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Branches of overseas banks with whom Indian banks have relationships, Notary Public abroad, Court Magistrate, Judge, Indian Embassy/Consulate General in the country where the non-resident customer resides.

Can be opened by NRI individual/PIO
OCB aren’t eligible to open this account

FOR NRI STATUS HOLDER.PIO/OCI HOLDER and SEAFARER
Status proof
Valid visa /Work permit For Sea Farer: Continuous Discharge certificate (CDC) with valid job contract letter (Disembarkation stamp on CDC is not more than 6 months old) For PIO/OCI holders, any one of the following documents are required: Valid PIO card mentioning overseas address Valid OCI card mentioning overseas address Any other documents evidencing and establishing PIO relation.
Identification proof	Passport
Current address document (Overseas)	Passport (Mentioning overseas address) Letter from employer, offer letter Government issued ID card Valid permanent driving license Utility bill (Electricity, Telephone, Gas) from private or public operators not exceeding 2 months prior to application Original copy of latest overseas bank account or existing NRE/NRO account statement carrying overseas address, not exceeding 3 months prior to application. In case of joint account with close relative, document evidencing and establishing relation is required. For seafarer : Employer’s overseas address or Indian address
Permanent address proof (Indian/Overseas)	Anyone of the following: Aadhaar, Bank account statement, Passport, Driving License, Voter Identity Card, NAREGA Job Card, Passport for PIO and OCI
Other documents: Account opening form FATCA declaration FORM 60 (In absence of PAN) TIN 2 passport size photographs Document attestation for NRI’s living abroad in case document is sent by post and the prospect is not personally present in the branch. Copies of the documents related to Address Proof and Identity proof to be attested by: Authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Branches of overseas banks with whom Indian banks have relationships, Notary Public abroad, Court Magistrate, Judge, Indian Embassy/Consulate General in the country where the non-resident customer resides.

FOR NRI STATUS HOLDER.PIO/OCI HOLDER and SEAFARER
Status proof
Valid visa /Work permit For Sea Farer: Continuous Discharge certificate (CDC) with valid job contract letter (Disembarkation stamp on CDC is not more than 6 months old) For PIO/OCI holders, any one of the following documents are required: Valid PIO card mentioning overseas address Valid OCI card mentioning overseas address Any other documents evidencing and establishing PIO relation.
Identification proof	Passport
Current address document (Overseas)	Passport (Mentioning overseas address) Letter from employer, offer letter Government issued ID card Valid permanent driving license Utility bill (Electricity, Telephone, Gas) from private or public operators not exceeding 2 months prior to application Original copy of latest overseas bank account or existing NRE/NRO account statement carrying overseas address, not exceeding 3 months prior to application. In case of joint account with close relative, document evidencing and establishing relation is required. For seafarer : Employer’s overseas address or Indian address
Permanent address proof (Indian/Overseas)	Anyone of the following: Aadhaar, Bank account statement, Passport, Driving License, Voter Identity Card, NAREGA Job Card, Passport for PIO and OCI
Other documents: Account opening form FATCA declaration FORM 60 (In absence of PAN) TIN 2 passport size photographs Document attestation for NRI’s living abroad in case document is sent by post and the prospect is not personally present in the branch. Copies of the documents related to Address Proof and Identity proof to be attested by: Authorized officials of overseas branches of Scheduled Commercial Banks registered in India, Branches of overseas banks with whom Indian banks have relationships, Notary Public abroad, Court Magistrate, Judge, Indian Embassy/Consulate General in the country where the non-resident customer resides.