Acceptance of deposits by an authorised dealer/ authorised bank from persons resident outside India

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..... it i) under the Non-Resident (External) Account Scheme (NRE account), specified in Schedule 1, from a nonresident Indian; ii) under the Foreign Currency (Non-Resident) Account Banks Scheme, (FCNR(B) account), specified in Schedule 2, from a non-resident Indian; iii) under the Non-Resident (Ordinary) Account Scheme, (NRO account), specified in Schedule 3, from any person resident outside Indi .....

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..... ch outside India], a Special Non-Resident Rupee Account (SNRR account), specified in Schedule 4. 5) Resident or non-resident acquirers may, subject to the terms and conditions specified in Schedule 5, open, hold and maintain Escrow Account with Authorised Dealers in India *************** NOTES:- 1. Inserted vide Notification No. FEMA 5(R)(5)/2025-RB dated 14-01-2025 -
Statute, statuto .....

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