How to open NRI account in UAE?

How to open NRI account in UAE?

How to open NRI account in UAE (Dubai, Abu Dhabi, Ajman, Sharjah, Fujairah, Ras al Khaimah, Umm al Quwain)?


What is a NRI account, types of NRI account?

An NRI (short form of Non-Resident Indian) can open two types of accounts, namely NRE and NRO.

NRE (non-Resident External account) is for transferring foreign earnings to Indian jurisdiction and the interest earned on the same comes with zero tax liability. A joint account option is available for NRE accounts and up to 2 NRIs open a joint NRE account. Via NRE account, the sum can be deposited in foreign currency and can be withdrawn in the Indian rupee. However, NRE accounts are prone to risks in general.

NRO (Non-Resident Ordinary Account) is an account to manage income earned in India by NRI and the interest earned on the same is taxable. An NRO account can be opened by an NRI along with another Indian citizen; the joint account operation choice is extended to another NRI as well. Via an NRO account, the sum can be deposited both in Indian and foreign currency; withdrawal can be done in Indian currency. AN NRO account is risk-free.

More information on the same can be read at


NOTE: An NRE account can be opened by a Non-Resident Indian, Person of Indian Origin, and Overseas Citizen of India (OCI).

  1.  Choose any bank of your choice; check twice and call the bank to verify if the site is an official one to avoid scam sites.
  2. Fill the online NRI application form and note down the application tracking number.
  3. Upload the required documents; for the NRE account, this includes passport, valid visa/permanent resident proof, Indian address proof, overseas address proof, and photographs. However, for an NRO account, identity proof, address proof, valid passport, proof of income as per the form 60, PAN card, passport size photograph, and proof of NRI or PIO status; this is applicable for NRIs and Person of Indian Origin (PIOs).
  4. Complete the offline process, if any; few banks offer door-step process completion as well.

Alternatively, one can visit the nearest bank for the offline process as well.

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