Foreign students don’t need address proof for bank accounts

......RBI has advised banks to provide convenience to foreign students while opening bank accounts. Hence, RBI has allowed banks that are authorized to open or maintain non-resident external (NRE) accounts or non-resident ordinary (NRO) accounts to open an NRO bank account for a foreign student on the basis of her passport. The passport should have appropriate visa and immigration endorsement. The passport will be used as the proof of identity and address of her home country. Along with this, the foreign student should also submit a photograph and an offer letter of admission from the educational institute she studies at.........

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