Greetings! I am an NRI and how to I open an HUF account? Can someone help me on the documents required?

Question

Thanks for couple of responses. I do have NRE/NRO accounts. I asked this question for my husband. One of our friend suggested to open HUF(Hindu Undivided Family Karta) account in India alongwith his parents so that parents can invest money under his son(my husband). Do we need to be there in India to open this? Do we have to backdate that we already have HUF before we become NRI?

Answer 1

HUF means what? In India we use to mean as Hindu Undivided Family. In income tax, wealth and investment this class is usually used. Do you mean NRIBank account? If you want to open NRI Bank account there is NRE (Non Resident External Account) and NRO (Non Resident Ordinary) account available. To open any one of the two account is possible for any non resident. You should go to the respective Bank web site like www.icicibank.com select NRI Banking and choose Bank Account. Fill up all details about you, passport details, address proof etc. and submit on line. New Account will be created and will be informed to you by email. You will get statement, user id, password, cheque book and ATM card also. If this answer is not clear pl. detail your question to [e-mail] Thanks.

Answer 2

I think more details are required for answer to your question

If you mean, HUF return of income, and you are a lady, you can not open a new account .The subject is complex.

please provide complete details for any meaningful answer.