NRI as second account holder of resident account

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Akshit Jain (Querist)
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09 January 2025 Can NRI be the second account holder of a joint resident savings account where the primary account holder is a resident? If so, are there any limits on the number of such accounts?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 January 2025 Yes, a non-resident Indian (NRI) can be a second account holder in India, but only with a close relative who is a resident Indian.

Akshit Jain

Akshit Jain (Querist)
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09 January 2025 Thank you. Can you confirm that this can be done in multiple accounts with different banks and the account can continue to remain as a regular (resident) account?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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09 January 2025 Have only one account multiple accounts leads to problem.

Akshit Jain

Akshit Jain (Querist)
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10 January 2025 Can a domestic check issued in the name of NRI be deposited to such an account where first holder is resident and second holder is NRI?

Akshit Jain

Akshit Jain (Querist)
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15 January 2025 Can someone reply to the query above - Can a domestic check issued in the name of NRI be deposited to such an account where first holder is resident and second holder is NRI?

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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15 January 2025 Yes, it can be deposited.

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