The following individuals are eligible to open an NRE account
- Non-Resident Indians (NRIs) - (Indian citizens working abroad, business people residing overseas, students studying in foreign countries).
- Person of Indian Origin (PIO) - An individual who is not a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan and who:
- At any time held an Indian passport, or
- Whose parents or grandparents were citizens of India by the Constitution of India or the Citizenship Act, of 1955, or
- Is a spouse of an Indian citizen or a person referred to in the above clauses.
- Overseas Citizen of India (OCI) - Foreign nationals of Indian origin who have obtained OCI status from the Government of India.
