IDBI Bank launches ‘NRI-Insta-Online’ paperless account opening facility for NRIs

IDBI Bank launches ‘NRI-Insta-Online’ paperless account opening facility for NRIs

IDBI Bank launches ‘NRI-Insta-Online’ paperless account opening facility for NRIs

  • IDBI Bank has launched the ‘NRI-Insta-Online’ account-opening facility for NRIs to open an account in IDBI Bank without submitting paper documents.

  • The facility will be available to NRIs residing in Financial Action Task Force (FATF) member countries.

  • FATF has 38 member countries. Applicants can open an account online by submitting the required documents online on the banks’ website and selecting their branch.

Points to remember:

  1. Which bank has launched the ‘NRI-Insta-Online’ paperless account opening facility for NRIs for FATF members?
  2. FATF member numbers? – 38
  3. FATF HQ?- English, French