Is NRI required to provide a local address for account opening?

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No, an NRI doesn't need to provide a local Indian address at the time of account opening. The foreign address with its proof is a mandatory requirement for NRIs.

Though it is not mandatory, an NRI can provide the local address with its documentary evidence for ease of operation or correspondence purpose if one desires.

Topic: NRI Trading Requirements (Accounts for trading in India) Article

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