Can I hold multiple NRO PIS Accounts? (2024)

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An NRI can open multiple NRO Bank Accounts. But only one of them can be designated as PIS however the NRO PIS account is no longer required as NRIs are allowed to invest in stock markets without PIS permission using NRO account on non-repatriation basis.

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Can I hold multiple NRO PIS Accounts? (2024)
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