Can PIO/ OCI Card Holder open Savings Account and Desposit Accounts like a regular citizen of India? Also, are they eligible to get domestic interest rates?
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Can PIO/OCI Card Holder open Domestic Accounts in Nationalized Bank?
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You can not have ordinary savings accounts.
However, you can certainly open NRE and NRO accounts.
The interest rates in NRO accounts are the same as the ordinary accounts.Immihelp Support
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