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Whether Nepalese/Bhutanese settled in a country of External Group can open NRE/FCNR (B) account?

April 26, 2017bhutanese country external FCNR group Nepalese NRE settled

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Whether Nepalese/Bhutanese settled in a country of External Group can open NRE/FCNR (B) account?

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Nepalese/Bhutanese of non resident origin are neither covered under non resident India Nationals nor persons of Indian origins, so they are not eligible to open the account.