indians pls help: can overseas student open bank account in india..

Discussion in 'Payment Processing' started by surf4fun, Jun 22, 2008.

  1. #1
    can non indian but with student visa (MBA) open bank account in india..

    and is there bank wire send recieve transaction restriction for him her.. paypal web business call center earnings etc..


    I am sending my son to study there so asking..

    Indians give me answer.. or i will send afgans to your country.. :p
    :)
     
    surf4fun, Jun 22, 2008 IP
  2. rome

    rome Peon

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    #2
    Yes, they are free to open a bank account , Their Passport and visa copies would be required
     
    rome, Jun 22, 2008 IP
  3. surf4fun

    surf4fun Peon

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    #3
    how do you know rome? can you give some references and prove it.. can a student remit 5k USD month or greater. do you know the limit..

    thank you
     
    surf4fun, Jun 22, 2008 IP
  4. bluestar

    bluestar Well-Known Member

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    #4
    I wonder why you need to send $5K USD each month to your son?
     
    bluestar, Jun 22, 2008 IP
  5. rome

    rome Peon

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    #5
    I am not aware about the limits but am sure about opening of bank account, For reference, You can get in touch with the bank directly, Unlike U.S there are no restrictions for opening bank accounts unless you are able to provide your identity document
     
    rome, Jun 22, 2008 IP
  6. mentos

    mentos Prominent Member

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    #6
    Sure anyone except bankrupted person can open bank account at any India bank
     
    mentos, Jun 22, 2008 IP
  7. rajanurs

    rajanurs Well-Known Member

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    #7
    HDFC Bank


    That will apply for all Indian banks as per Reserve Bank of India regulations.
     
    rajanurs, Jun 22, 2008 IP
  8. surf4fun

    surf4fun Peon

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    #8
    rajanurs how come a student can obtain residence permit?

    i am not too sure about this
     
    surf4fun, Jun 22, 2008 IP
  9. rajanurs

    rajanurs Well-Known Member

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    #9
    Probably they mean Student Visa which allows the student to reside in India.
     
    rajanurs, Jun 22, 2008 IP
  10. surf4fun

    surf4fun Peon

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    #10
    ok thanks everyone..

    i wont sent afgans i promiss..

    JAY HIND! JAY MAHARASTRA! LONG LIVE INDIA!

    SAREY JAHAN SEY ACHAA HINDUSTAA HAMAARA.

    EAST OR WEST INDIA IS THE BEST!!
     
    surf4fun, Jun 22, 2008 IP
  11. rajanurs

    rajanurs Well-Known Member

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    #11
    chickened out huh ?

    indian street dogs will tear up afgan hounds in seconds :D
     
    rajanurs, Jun 22, 2008 IP