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Can an NRI have two PINS account?

April 26, 2017account NRI pins

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Can an NRI have two PINS account?

1 Answer

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No, any NRI or a PIO can have only one PINS account in India. Say for example if he is having a PINS account with X bank and he wants to shift to ICICI Bank, then he has to close the PINS account there and open a PINS account with ICICI Bank.