KVB Bank NRI Account Opening
KVB Bank NRI Account Opening Form Download
This document is an Account Opening Form (CASA and Term Deposits) for Non-Resident Individuals (NRI/PIO) at Karur Vysya Bank (KVB).
Here are the key points and document requirements based on your updated file:
1. Mandatory Document Checklist
The required paperwork depends entirely on whether you visit a KVB branch in person or submit the form remotely:
A. If you meet a Bank Official in the Branch
- For NRIs: Passport photocopy (showing name, photo, signature, address, date/place of issue, expiry, and overseas stay stamps) and a valid work permit or employment visa.
- For PIOs: Passport photocopy and either a PIO card copy, a past Indian passport copy (of self, parent, or grandparent) with a self-declaration, or the form’s page 4 PIO declaration.
- Overseas Address Proof (First Applicant only): At least one utility bill, driving license, residence permit, credit card bill, or overseas bank statement matching your form.
B. If you have NOT met a Bank Official in the Branch
- All standard NRI/PIO documents mentioned above are required.
- Mandatory Attestation: All photocopies must be attested by a Banker, Indian Embassy, or Notary.
- Alternative Verification: If not attested, you must provide a 6-month bank/passbook statement, an official letter from your current foreign/Indian bank, or a cheque drawn on your overseas bank account.
2. Available Account Types
You can select and open the following types of accounts using this application:
- Savings & Current: NRE Savings Bank (SB), NRE Current, NRO SB, and NRO Current.
- Term Deposits: NRE Term Deposit (Standard or Cumulative) and NRO Term Deposit (Standard or Cumulative).
- Foreign Currency: FCNR Term Deposit or FCNR Cumulative Interest Term Deposit (requires specific currency and period).
3. Operational Rules & Add-ons
- Mode of Operation: Can be set up as Single, Either or Survivor, Jointly by All, Former or Survivor, or Latter or Survivor.
- Information Sheet Annexure: Each applicant must separately provide financial profiles, including occupation, source of funds, annual turnover, and monthly income bands.
- Nomination Form: Offers built-in sections to add details for nominees or appointed guardians in case of minor nominees.
- E-Services: Includes specific request sub-forms to activate an ATM-cum-International Debit Card and
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