NRE/NRO Deposit up to 7.20%* p.a.

Documentation for Person of Indian Origin (PIO), while submitting the  account opening form / documents at Kotak Bank Branches in India:-

1. Photocopy of Foreign Passport pages where your name, photograph, date and place of birth, specimen-signature, date of issue / expiry and address details are recorded; and
2. Copy of valid Visa / Work / Residence Permit (required only if the country of mailing address is different from the country of citizenship and India, the visa could be either in the passport or given separately); and
3. Additionally, applicant has to provide any of the below mentioned document, if the place of birth is outside India:
   • Copy of Indian passport of spouse OR
   • Copy of Indian passport held by self or parents / grandparents at any time OR
   • PIO Card OR
   • OCI (Overseas Citizen of India) Card
4. Proof of Mailing Address (Indian or overseas address as selected for communication on the account opening form); and
5. Latest colour photograph (passport sized)

Documentation for Person of Indian Origin (PIO), while sending the account opening from / documents overseas:-

1. Photocopy of Foreign Passport pages where your name, photograph, date and place of birth, specimen-signature, date of issue / expiry and address details are recorded; and
2. Copy of valid Visa / Work / Residence Permit (required only if the country of mailing address is different from the country of citizenship and India, the visa could be either in the passport or given separately); and
3. Additionally, applicant has to provide any of the below mentioned document, if the place of birth is outside India:
   • Copy of Indian passport of spouse OR
   • Copy of Indian passport held by self or parents / grandparents at any time OR
   • PIO Card OR
   • OCI (Overseas Citizen of India) Card
4. Proof of Mailing Address (Indian or overseas address as selected for communication on the account opening form); and
5. Latest colour photograph (passport sized)

The above documents mentioned under a, b, c and d needs to be attested by:

• An overseas bank official located and operating in Argentina, Australia, Austria, Belgium, Brazil, Canada, China, Denmark, Finland, France, Germany, Greece, Bahrain, Qatar, Kuwait, Oman, Saudi Arabia, UAE, Hong Kong, Iceland, Ireland, Italy, Japan, Luxembourg, Mexico, Netherlands, New Zealand, Norway, Portugal, Russian Federation, Singapore, South Africa, Spain, Sweden, Switzerland, Turkey, United Kingdom and the USA only. OR
• Any Branch of an Indian Scheduled Commercial Bank having overseas branch OR
• Notary Public or Equivalent Authority OR
• The Indian diplomatic mission in the applicant’s country of residence OR
• Self-Attestation. In case of Self Attestation, all documents submitted should be signed by respective account holders with the words ‘TRUE COPY’. Additionally,
  • A signed cheque drawn in favour of Kotak Mahindra Bank A/c - (your name) on your existing account in India or abroad AND      
  • An original bank account statement (not more than 3 months old)or
  • Original credit card statement (not more than 3 months old) or
  • Original utility bill (electricity/piped gas/telephone/water - not more than 3 months old)

Documentation for Seafarer employed with foreign vessels, while submitting the documents at Kotak Bank Branches in India:-

1. Photocopy of Passport pages where your name, photograph, date and place of birth, specimen-signature, date of issue / expiry and address details are recorded; and
2. Copy of valid Transit / Work Visa (the visa could be either in the passport or given separately); OR Copy of Continuous Discharge Certificate (CDC). The CDC must indicate latest discharge stamp / last date of arrival in India, or a declaration that you are sailing for the first time; and
3. Valid Contract Copy OR Original letter on the letterhead from agent / principal carrying logo and address providing contract details namely: 1. Name of the employee 2. Employment in the principal shipping company (Name of the principal where employed & Address of the overseas company) 3. Name of the vessel & flag. 4. Name of the port. 5. Commencement of contract. 6. Tenure. 7. Salary in foreign currency. 8. Passport no.; and
4. Merchant Navy Declaration - Format provided in the Account Opening Form; and
5. Proof of Mailing Address (Indian Address only); and
6. Latest colour photograph (passport sized)