इण्डियन ओवरसीज़ बैंक Indian Overseas Bank

ACCOUNT OPENING FORM FOR NON RESIDENT INDIANS

(NRE/NRO/FCNR)

To Account No:
The Branch Manager (for Branch use)
Indian Overseas Bank
………………………………..Branch
I/We request you to open the following account(s) in my/our name/s as per
details below: (columns marked * are mandatory)
st nd rd
PARTICULARS 1 APPLICANT 2 APPLICANT 3 APPLICANT
*NAME
(as appearing in passport)

MOTHER’S MAIDEN NAME

1. PHOTO* Please affix stamp size Please affix stamp size Please affix stamp size
photo and sign in black ink photo and sign in black ink photo and sign in black ink

2.1.* OVERSEAS
ADDRESS
(proof is mandatory)

Telephone No.@
Mobile No. @
2.2.* LOCAL
ADDRESS

Telephone No.@
Mobile No. @
3.* EMAIL ID
4. FAX NUMBER
5.* NATIONALITY
6.* PASSPORT
6.1 NUMBER
6.2 DATE & PLACE OF
ISSUE
6.3 VALID UPTO
6.4 ISSUED BY
7* TYPE OF VISA
(Tourist visa not accepted)
7. NATIONAL ID CARD NO

Address for correspondence* : [ ] Overseas Address [ ]Local Address

@ Please give country code and area code

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8. IF ANY OF THE APPLICANT IS A MINOR PLEASE FURNISH THE FOLLOWING DETAILS
Name : Date of Birth :
Name & Address of Parent/Guardian :

Relationship with the Minor :

9. TYPE OF ACCOUNTS *(Please tick whichever is applicable)

Nature of Deposit Currency & Period (for Term
Type(Savings/ Amount Deposits only)
Current/Term)
Non Resident (External) Account

Non Resident (Ordinary) Account

Foreign Currency (Non Resident)

Account

I/We agree that if the premature withdrawal is permitted at my/our request, the payment
of interest will be as per the guidelines pertaining to such payment.
I/We authorize the bank to automatically renew the deposit on the due date for an
identical period, unless any instruction to the contrary from me/us, is received by the bank
before maturity. I/We further understand that the interest applicable on renewals will be at
applicable rates on the dates of maturity and that the renewal(s) will be noted on the
deposit receipt on my/our presenting the same on maturity date or later for
renewal/payment.
(Full details and interest rates of the schemes are available in our web site www.iob.in)

10. ACCOUNT TO BE OPERATED BY* (Please tick whichever is applicable)

Single Any one of us Either or Survivor

Former or Survivor Jointly Others Specify

11. INTEREST PAYMENT* (Please advise for disposal of interest payments

For NRE/NRO - monthly/quarterly/half yearly/maturity
for FCNR - maturity interest)
Please credit ( ) SB ( ) Current Acct No……………………………………with……………….. branch
In the name of ……………………………………………………………………………..
12. OTHER FACILITIES REQUIRED (Available only for Single and E or S accounts)

a) e-see Banking (internet banking) Yes No

b) ATM/International Debit Card) Yes No

(Please mail the PIN mailer and ATM card to my overseas address in separate envelopes)

c) SMS Confirmation Yes No (Please provide mobile number)

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I/we agree to abide by the terms and conditions as applicable and acknowledge it is my/our
responsibility to obtain and read the same.

13. OTHER INSTRUCTIONS (Kindly extend the facilities subject to conditions governing the same)

Deposit receipt to be kept in safe custody/to be mailed to my local/overseas address/others (specify)

Maturity notice to be sent to local/overseas address by post/may be advised through email/need not be
sent /others (specify)

Deposit to be renewed on maturity with interest/principal only/may be credited to SB /Current account /

proceeds may be sent by draft to overseas/local address

14. DECLARATION

I/We hereby declare that I am/we are non-resident Indian(s) person(s) of Indian origin. I/We
understand that the above account will be opened on the basis of statement/declaration made
by me/us and I/we also agree that if any of the statements / declarations made herein is found to
be not correct in material particulars, you are not bound to pay any interest on the deposit made
by me/us. I/We agree that no claim will be made by me/us for any interest on the deposit(s) for
any period after the date(s) of maturity of the deposit(s). I/we agree to abide by the provisions,
terms and conditions governing the deposit(s) opened by me/us. I/We also undertake to intimate
the Bank about my/our return to India for permanent residence immediately on arrival.

I/We agree that the Bank may at its absolute discretion, discontinue any of the services completely
or partially without any notice to me/us. I/We agree that the Bank may debit my account for
service charges as applicable from time to time. I/We understand that the operations in our
account are subject to the provisions of FEMA and other RBI/GOI notifications from time to time.

15. Applicable to Non Resident (Ordinary) Accounts

I/We are aware that Tax will be deducted at source on the interest paid/accrued as per income
tax laws in force.

16. Collection of Instruments paid into the account

From time to time I/We may deposit into the account, instruments for collection. I/We authorise the
bank to collect and credit the proceeds of the same subject to conditions for such collections
including arranging a correspondent of its choice in case of foreign currency cheques. In case any
overdraft is created by return of such instruments for whatsoever reason, I/We are liable to the
bank for such overdrafts. The Bank will not be responsible for any loss, damage, miscarriage of
cheques, any delay in collection, transmission and otherwise of any remittance howsoever caused.

17. Mandate for operations (optional)

I/We are desirous of authorizing a person in India to operate our account for local
payments by ( ) mandate letter ( ) power of attorney.

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 18. NOMINATION (If nomination not required please give a separate letter to that effect)

I/We nominate the following person to receive the amount deposit in the unfortunate
event of my/our death
Name Address Relationship with depositor Age (yrs)

As the nominee is a minor, I/We appoint Mr./Mrs. ………………………………………..…........

to receive the amount of deposit on behalf of the nominee

Signature of 1st Applicant Signature of 2nd Applicant Signature of 3rd Applicant

Name and signature of witness (in case account holder is a minor):

Note: Signature to be attested by the Bank/Indian Embassy/ High Commission /Consulate

/ Notary Public /Account holder of the bank

Stamp and signature of attesting person

We attach the following attested document (indicate by ticking)
( ) Passport Copy (mandatory) ( ) Visa ( )
Work Permit ( ) National ID card ( ) Others (specify)

FOR BRANCH USE : Indian Overseas Bank Branch

Account opened on Authorized by

Letter of thanks sent to Name:
Customer/Introducer on by
Name: Signature :
Signature : Date:
Date :

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 इण्डियन ओवरसीज़ बैंक Indian Overseas Bank
KNOW YOUR CUSTOMER – CUSTOMER RECORD OF PROFILE (KYC FORM)
{TO BE FILLED IN BY THE APPLICANT/S IN COMPLIANCE OF KYC REQUIREMENT}

Particulars 1st Applicant 2nd Applicant 3rd Applicant

1. Name

2. Nationality

3. Father/Spouse name

4. Date of Birth

5. Whether PEP # (see below)

6. Marital Status

7. If married, no. of children

8. Education Qualification
8.1. Non graduate
8.2. Graduate
8.3. Post Graduate
8.4. Professional
9. Occupation
(Refer table below and
furnish seral numbers as
appropriate)
10. Annual Income

11. Source of funds

12. Vehicle owned

12.1. Car
12.2. Two Wheeler
12.3. Others
12.4. None
13. Residence
13.1. Own
13.2. Rented
14. Details of Credit cards held
15. Details of Deposit/Loan
accounts/Credit Facilities
at other branches of
IOB/other Banks

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16. Details of foreign countries
visited during last three
years
17. Any other information you
would like to record with
the Bank
18. I hereby declare that
above particulars furnished
by me are correct
Signature Signature Signature

9.a Service 9.b Professional 9.c Others

9.a.1 Government 9.b.1 Lawyer 9.c.1 Pensioner
9.a.2 Public Sector Undertaking 9.b.2 Doctor 9.c.2 Retired Non
9.a.3 Private Sector (Furnish 9.b.3 Chartered/Cost Pensioner
designation and name of Accountant 9.c.3 Home Maker
employer) 9.b.4 Engineer 9.c.4 Student
9.b.5 Information Technology 9.c.5 Farmer/Trader
9.b.6 Others (specify) 9.c.6 Vendor/Business
9.c.7 Others (specify)

For use at Branch: Identify and verify genuineness of address as per instructions in force.

Remarks:

Date: Branch Seal Name and signature of the Authorized Person

# Politically Exposed Person (PEP) include individuals entrusted with prominent public functions
in a foreign country, their family members and close associates

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 MANDATE FORM

To Place:
The Branch Manager Date:
Indian Overseas Bank
……………………..Branch

Dear Sir

Referring to the NRE/NRO SB account number and various term deposits/FCNR deposits
going to be deposited with you in my/our name(s), I/We request and authorize you to
honour all cheques drawn on the said account as well as for operating the term deposits
both existing and future for local payments by…………………………………… whose
signature(s) are hereunder written, notwithstanding such cheques may create or increase
an overdraft to any extent and we authorize the said person on our behalf to make, draw,
accept, endorse and negotiate cheques, hundies, bills and other negotiable instruments.

This authority shall continue in force until we have expressly revoked it by a notice in
writing to be delivered to you.

Dated this……………………… day of two thousand……..

Yours faithfully,

(Account Holder(s))

Specimen signature of authorized to sign as

above mentioned

……………………………………….

……………………………………….

Confirmed

(Account holder(s)

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