In brief
Nomination, joint holding, operating authority and succession answer different questions. Have the bank and an estate lawyer explain how each arrangement works for the particular asset.
Start with Reserve Bank of India: Accounts in India by non-residents (opens in a new tab)
Your next steps
0 of 5 steps complete · Next: Create an account index
Create an account index
Next stepRecord the institution, account type and where records are kept. Keep full account identifiers in your own secure storage.
Review nominations directly
Ask each bank or institution to confirm the nomination it actually holds and how to update it.
Review operating authority
Check who can act during your lifetime and what the institution does after a death.
Align with the estate plan
Discuss mismatches between nominations, family expectations and your will with a lawyer.
Tell a trusted person where to start
Share the location of instructions and the bank’s contact route without sharing passwords or OTPs.
Suggested preparation sequence. Your authority may require a different order. Progress stays on this device.
What to have ready
0 of 4 preparedKeep documents in your own secure records. Tick what you have; nothing is uploaded.
Model the decision with your own figures
Prepare the dates, currencies, costs and amounts you know. Keep tax eligibility, provider access and uncertain assumptions on your adviser’s question list. The calculators show those assumptions explicitly.
For a return to India, add education, parents’ support, healthcare, partner income and locked funds to the household timeline. Bring supporting-tool figures into it only after reviewing timing, currency and overlap.
Questions to take to an adviser
- What does this nomination permit the nominee to do?
- What documents does this institution request after a death?
- How does this arrangement interact with succession?
Who can help
The institution holding each account and an estate lawyer.
Check an adviser before paying or signingSources & review limits
Published by NRIdisha. Prepared with AI assistance. No individual author or qualified professional reviewer is credited for this guide.
Official sources support the statements they address. They do not certify this guide or your eligibility. Open the source and check current amendments before acting.
Income Tax Department (opens in a new tab) · Reserve Bank of India (opens in a new tab) · National Portal of India (opens in a new tab)
NRE, NRO and foreign-currency accounts; changes when residency changes.
Statutory starting point. Applicability, amendments and personal law need case-specific confirmation.
Source access limit Listed in the official search index; full text was not retrievable during preparation.
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