Q.1194 Open bank account in

India & get PAN Card from

Germany . . .

Question: Dear Mam/ Sir, I’m a naturally born Indian with a German passport and I also hold an OCI card. I have inherited some money in India, in Indian Rupees which I would like to put I to an Indian Bank account. Q. What will I need in order to open an account in New Delhi, India? Q. Will I need a Addhar or PAN card. If so, how do I go about getting either of the cards required to open an account. Can it be applied for in Germany? Q. Will I be able to remit the interest on the capital in foreign exchange? Many thanks Answer: Regarding your questions: • To open bank account in New Delhi, India go online and google ‘open nro bank account’ and you will see options from many banks in India that provide such accounts to non-resident Indians. Many banks offer facilities to open such accounts online from abroad. Check bank websites for complete information. • As a foreign citizen living abroad you do not need an Aadhaar Card. • You can apply for a PAN card online. https://www.onlineservices.nsdl.com/paa m/endUserRegisterContact.html • Yes remittance is allowed subject to proof that any taxes due have been paid.