Kuwait, home to a large and thriving Indian expatriate population, is a vital hub for trade and employment in the Middle East. To cater to the financial needs of this growing community, several Indian banks have established their presence in Kuwait. These banks provide NRIs with a range of services, including remittances, NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, and customized financial solutions to maintain a seamless connection with India.
This article will guide you through the Indian Bank’s presence in Kuwait, list its branches, and explain how NRIs can open an account through iNRI.
List of Indian Bank Branches in Kuwait
The address details of each of the Indian bank branches in Kuwait are as follows -
Southern Indian Bank Branch in Kuwait
Office No. 48, Adel & Anwar Mustafa Thunayan Al Ghanim Complex, Street 7, Block 73, Fahaheel Area, Kuwait.
Phone Number: 965 2247 4270
Working Hour(s): Saturday to Thursday: 8:00 AM – 8:00 PM; Friday: 4:00 PM – 8:00 PM.
Union Bank Branch in Kuwait
Head Office Main Branch, Abdullah Dashti Building, Abdullah Mubarak Street, P.O. Box 21804, Safat 13079, Kuwait.
Phone Number: 965 2244 8507
Working Hour(s): Saturday to Thursday: 8:00 AM – 8:00 PM; Friday: 4:00 PM – 8:00 PM.
How To Open An Indian Bank Account In Kuwait If You Are An NRI?
Opening an Indian bank account while residing in Kuwait as an NRI is straightforward and essential for managing finances across borders. Indian banks in Kuwait offer services tailored to NRIs, ensuring secure and seamless financial transactions.
Steps to Open an Account at a Branch
- Visit the nearest Indian bank branch in Kuwait.
- Submit the required documents, including:some text
- A valid passport and visa
- Proof of residence in Kuwait
- Passport-sized photographs
- Fill out the account opening form and provide the necessary details.
- Once the documents are verified, your account will be activated.
For those who cannot visit a branch or prefer a more convenient process, iNRI offers a hassle-free, entirely online solution.
How Can iNRI Help?
iNRI simplifies the process of opening NRE and NRO accounts by providing a completely online platform. This allows NRIs to avoid the need for branch visits and paperwork submissions, streamlining the account-opening process.
Steps to Open an NRE/NRO Account Through iNRI
- Visit the iNRI Portal
Navigate to the NRE/NRO account page on iNRI’s website. - Submit the Interest Form
Fill out an online form with your basic personal details to initiate the process. - Make the Payment
After submitting the form, complete the payment to proceed with your application. - Receive Documentation Assistance
Once the payment is confirmed, iNRI will connect you with a documentation partner via email, who will guide you through the remaining steps. - Fill Out the Application Form
Complete the account opening form with the help of your documentation partner. - Upload Required Documentation
Submit the necessary documents, such as proof of identity, proof of overseas address, and other financial details. - Account Activation
Your NRE/NRO account will be ready within 30 working days after document verification.
iNRI provides an efficient and hassle-free online process, enabling NRIs to manage their banking needs without the inconvenience of visiting a branch in Kuwait.
Frequently Asked Questions (FAQs) - Indian Bank Branches in Kuwait
Can I open an NRI account from Kuwait?
Yes, most Indian banks with a presence in Kuwait allow you to open NRE/NRO accounts. This can typically be done through bank branches, exchange house tie-ups and online applications with in-person verification.
Is Southern Indian Bank available in Kuwait?
Yes, there is an Southern Indian Bank branch available in Kuwait,
The address details are as follows
Office No. 48, Adel & Anwar Mustafa Thunayan Al Ghanim Complex, Street 7, Block 73, Fahaheel Area, Kuwait.
Is Union Bank available in Kuwait?
Yes, there is an Union bank branch available in Kuwait,
The address details are as follows
Head Office Main Branch, Abdullah Dashti Building, Abdullah Mubarak Street, P.O. Box 21804, Safat 13079, Kuwait.
Can I open an NRI account in Kuwait?
Yes, NRIs can open accounts with an Indian Bank account in Kuwait. Options include NRE, NRO, and FCNR accounts designed for easy fund management and remittance.
Are Indian bank branches in Kuwait regulated by the Central Bank of Kuwait?
Yes, any bank or exchange operating locally must be licensed by the Central Bank of Kuwait. Indian banks operate in compliance with local regulations either directly or through tie-ups.
