How to convert resident savings account to NRO account

When a savings account customer's residential status changes from resident Indian to Non Resident Indian (NRI) he or she must submit the necessary papers and paperwork to update the NRI status across all relationships which includes resident savings accounts in which he or she is a joint holder.

Such individuals must convert or redesignate any resident bank accounts—where you are the primary account holder—as NRO accounts.

Who is an NRI?
According to the ICICI Bank NRI page FAQs:

An NRI is an Indian citizen who stays outside India:
(a) for purposes of carrying out employment or any business or vocation;
(b) under circumstances indicating an intention to stay outside India for an uncertain duration;
(c) any Indian citizen deputed outside India for a temporary period in connection with employment.


According to HDFC Bank website, below is the process to change the NRI status across all accounts.
Documents required for conversion of account

• Resident to NRO Conversion form. (Form to be signed by all holders)
• Self-attested PAN Card or Form 60 (in the absence of PAN)
• Self-attested copies of passport and Visa to prove his/her NRI status.
• Overseas address is mandatory to be obtained from customer and mentioned on the account conversion form.
• • Self-attested Address proof (Any one Indian or Overseas proof) should be as per the list of acceptable proofs.

• In case customer whose status has now changed to NRI) is a joint/second holder in Resident Account then in such cases, customer need to additionally submit a declaration along with the above mentioned conversion forms and KYC documents.
  
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