Where should I setup a bank account in India?
We asked expats in India what banks they use and there advice about banking. They advised...
"1. Make sure to research the visa and visa renewal requirements before planning a move to India, as the process can be lengthy and permits may require regular renewal. 2. India is home to a diverse range of cultures and faiths; it is important to familiarise yourself with the local customs and religious practices in the area you are considering moving to. 3. Healthcare is generally not free in India; expats should make sure to arrange appropriate health insurance to cover any medical costs incurred during their stay. 4. Transportation in India can be crowded and uncomfortable, so try to familiarise yourself with both public and private transport options prior to arriving. 5. Expats should also be aware of potential heat, humidity and pollution issues in certain areas of India and the potential effects on their health, particularly during the Summer months," explained one expat living in India.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Click connect to have our partner contact you via e-mail and/or phone.
Other Questions:
- What should I pack when moving to India?
- Where should I setup a bank account in India?
- Will I be able to find a job in India?
- What is life like in India?
- What do expats in India appreciate most about the local culture?
- What do expats find most challenging?
- Is there a lot of crime in India?
- Is there a lot of diversity? Are people in India accepting of differences?
- What are the schools in India like?
- What are healthcare services like in India?
- What are medical services in India like?
- Are healthcare and health insurance expensive in India?
- What are emergency services like in India?
- Will I need to travel to see a specialist?
- Are common prescription medications available in India?
- How are local medical facilities in India?
- As a foreigner living in India, will I have access to public healthcare? What is it like?
- What have your experiences during the pandemic with the local healthcare system been like?
Where should I setup a bank account in India?
If you live in India, newcomers to India would love to hear your answer to this question.
About the Author
Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International
and Mass Market Marketing. She graduated from Ohio Wesleyan University
with a BA in International Business and German.
Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.
