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My grandsons are American citizen by birth and I want to open saving bank a/c in their names so that I can give them gift.

2006-11-20 21:20:05 · 6 answers · asked by gaurav r 2 in Business & Finance Taxes India

6 answers

mail to RESERVE BANK OF INDIA, A COPY MARK TO MINISTRY OF FINANCE GOVT OF INDIA NEWDELHI
WITH YOUR SOLID PROPOSAL
OR PUT IT AS A QUERY TO ANY NATIONALISED BANK

2006-11-20 21:30:00 · answer #1 · answered by R Purushotham Rao 4 · 0 0

Normally,banks do not ask for birth certificate ,while opening bank accounts,but want more details of the Major or the Guardian or the parent?Is the Parent also NRI?Our banks dont have much brains,so you can open with you as the Major and you can produce your complete address alongwith the proof! Frankly,none of the bank managers would be aware of the answer to your question.

2006-11-21 05:50:13 · answer #2 · answered by destiny 2 · 0 0

If they are minors , you can open in their name.

2006-11-21 14:56:58 · answer #3 · answered by ? 7 · 0 0

ya. its possible. first of all ur granson shoud be above 13.

2006-11-21 06:01:15 · answer #4 · answered by Prashanth K 1 · 0 0

sorry no idea, plz explain ur question

2006-11-21 05:45:35 · answer #5 · answered by Anonymous · 0 0

yes it is possible please contact icicibank in india,or call their customer care-919845578000

2006-11-21 05:47:40 · answer #6 · answered by anjali t 2 · 0 0

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