POSTED BY November 11, 2013 7:01 pm COMMENTS (17)ON
I am an NRI and had contacted Central Bank of India reg opening of HUF account but the Manager declined to open the account saying “According to our Bank’s practice HUF accounts are not opened for NRI. Please be guided accordingly”.
Please note that I am the Karta and including me all members of HUF are NON-RESIDENTS. Is it possible for someone to pls provide the RBI circular or any such govt notice so that I can again go the branch with this info. I tried searching for this on RBI website myself but could not get it. I hope someone could help me with relevant info.