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Indian bank account for PIO/OCI holders

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balaplus
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Joined: Wed Jun 25, 2003 2:01 am

Indian bank account for PIO/OCI holders

Post by balaplus » Mon Jun 12, 2006 2:44 pm

If I acquire BC and then get PIO/OCI card, what happens to my old bank accounts in India (the normal accounts)? Am I allowed to use them? Or do they need to be changed to NRE type account?

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