Who is eligible to convert resident account to NRO account?

Any resident whose residential status has changed to NRI, PIO, or OCI, is eligible to convert the resident account to NRO account. However, NRIs based in Nepal, Bhutan, Pakistan, and Bangladesh are not allowed to convert to NRO savings account.

Further, if an individual’s savings account is under freeze or in debit balance, then all dues must be cleared first to become eligible to convert resident to NRO account.