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As per amendment in the Income Tax Rules, PAN or Aadhaar are to be mandatorily quoted for cash deposit or withdrawal aggregating to Rupees twenty lakhs or more in a FY. Please update your PAN or Aadhaar. Kindly reach out to the Bank’s contact center on 1800 10 888 or visit the nearest IDFC FIRST Bank branch for further queries.
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NRI Banking Blogs
FEATURED
A guide to converting your resident account to an NRI account
If your residential status changes, you must convert your normal savings account to an NRI account as per FEMA guidelines. You can convert online or offline by filling out the account conversion form and submitting the relevant documents. An NRI account is useful because of its tax benefits, flexible repatriations, and seamless financial management. After converting your savings account to an NRO account, you can also open a new NRE or FCNR account, depending on your needs.
Team FinFIRST03 May 2025 • 3 mins read
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How NRI FD accounts work and how they can build your wealth
29 Apr 2025 • 3 mins read
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Who can open an NRI bank account with IDFC FIRST Bank?
29 Apr 2025 • 3 mins read
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Can an NRI Invest in a PPF?
02 Apr 2025 • 3 mins read
