NRSR

Application-cum-Undertaking form for opening of Non-Resident (Special) Rupee (NRSR) Account

Photo-graph/s of the account holder/s

To.
.....................................
.....................................
(Name and address of bank)

Dear Sir,

Opening of Non-Resident (Special) Rupee Account
*I/We request you to open a Non-resident (Special) Rupee account with your branch.

*I/We request you to convert our existing resident account no………….. with your branch to a Non-resident (Special) Rupee account.

My/Our particulars are given below:

1. Name/s

2. Address/es

3. Nationality

I/We undertake to abide by the regulations framed for Non-Resident (Special) Rupee accounts.

Undertaking

I/We ,(name/s)……………………………., undertake that :

I /We will not make available to any person resident in India any foreign exchange against reimbursement in India in rupees or otherwise.

I /We will ensure that investment is shares /securities or immovable property in India out of funds held in my/our NRSR account with you are governed by respective regulations of Reserve Bank of India.

I/We voluntarily undertake that I/We and/or my/our heir/successor will not seek repatriation of funds held in my/our NRSR a/c with you and /or any income/interest earned thereon at any time.

Place………… Date…………

(Signature/s) ……………………… Name/s …………………………… Address/es……………………… ….….…………………

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