SBI savings account

[Poonam]

naaku sbi savings account undi india lo. youtube video lo oka advisor nri lu sbi savings account vere desham lo unnollu use cheyyoddu antunnnadu, ayithey savings account close cheyyi or nro ki convert cheyyi annadu. naa account maa naanna tho joint account, nenu primary. eediki raaka mundu open chesa. 

india online shopping ante amazon, swiggy, paytm ki atla use chesthunna. malla india trip pothey akkada uber ki. minimum balance ye untadi. minimum balance unchutha anthey. 

emina problem aa? evarina use chese vaallu unnara?

[Spartan]

SBi will automatically shutdown that account once you open a NRO account or let the bank know that you are on H1 or NRI.

yes it is illegal to hold a regular savings account if you are NRI.

and NRO account you cannot use UPi, Phone Pay, G-Pay etc. thats the pain point

[Poonam]

1 minute ago, Spartan said:

SBi will automatically shutdown that account once you open a NRO account or let the bank know that you are on H1 or NRI.

yes it is illegal to hold a regular savings account if you are NRI.

and NRO account you cannot use UPi, Phone Pay, G-Pay etc. thats the pain point

maa naanna tho joint account adi. NRO ki chesthey UPI, paytm work avadu. major transactions em cheyya, amazon lo parents ki order pettadam. anthey

[jathin]

51 minutes ago, Poonam said:

naaku sbi savings account undi india lo. youtube video lo oka advisor nri lu sbi savings account vere desham lo unnollu use cheyyoddu antunnnadu, ayithey savings account close cheyyi or nro ki convert cheyyi annadu. naa account maa naanna tho joint account, nenu primary. eediki raaka mundu open chesa. 

india online shopping ante amazon, swiggy, paytm ki atla use chesthunna. malla india trip pothey akkada uber ki. minimum balance ye untadi. minimum balance unchutha anthey. 

emina problem aa? evarina use chese vaallu unnara?

Don’t overthink..  if you are an Indian citizen… no need to switch your savings acct to NRO/NRE.

Leave it as a regular saving acct (joint acct with your dad) .. use it for your all your necessary Indian transactions. But try to maintain minimal amount.. may be less than 1 lakh which should be sufficient for your shopping needs.

also avoid doing any fixed deposit in this account. also, you don’t need to reveal you are on H1B (USA) to the bank.