RBI - APPEAL REPRESENTATION
Date: Sat, Jan 28, 2017 at 7:20 PM
Subject: NRI CLARIFICATION Please rReview
To: RBI -Central Board, Reserve Bank of India, Secretary’s Department, Central Office Building, 16th Floor, Shahid Bhagat Singh Marg, Mumbai – 400 001.
My wife & I have booked flight tickets 2 weeks ago to come to Mumbai on 1st Feb to surrender my old notes to RBI.
For years we are classified only as NRI
(Even knowing that we held Overseas Passport/citizen, as our birth/roots were from India).
Banks- Even till today our accounts are NRE/NRO.
Also Customs, Tax Office, Indian Embassy & India Govt depts say we are NRI.
We were told to obtain PIO then OCI cards- we did all this on face value & trust.
The definition told to us was that so long as we were born in India or have family members of India birth - we were classified as NRIs.
There was no other classification for years.
***So why punish us now and that too for a small amount of Rs25,000 per person (& one time deposit).
There is not profit for black market in this is really too small (hardly cover airfare cost).
INDIAN EMBASSY RE: APPLICATION FORM for OCI states - read in bold below:
OCI CARD APPLICATION
OCI status confers the following benefits:
Multiple-entry, multi-purpose life-long visa to visit India
Exemption from reporting to Police authorities for any length of stay in India
Parity with NRIs in financial, economic and educational fields except in the acquisition of agricultural or plantation properties, and
A person registered as OCI is eligible to apply for grant of Indian citizenship under section 5(1) (g) of the Citizenship Act, 1955 if he/she is registered as OCI for five years and has been residing in India for one year out of the five years before making the application.
Registered OCI shall be treated at par with Non-Resident-Indian in the matter of inter-country adoption of Indian children.
Registered OCI shall be treated at par with resident Indian nationals in the matter of tariffs in air fares in domestic sectors in India.
Registered OCI shall be charged the same entry fee as domestic Indian visitors to visit national parks and wildlife sanctuaries in India
Parity with Non-Resident Indian in respect of entry fees to be charged for visiting the national monuments, historical sites and museums in India;
Pls review and on an urgent basis & allow PIO/OCI card holders to.
Secondly,another is an Indian Resident who is travelling frequently other countries for business,pleasure and visit to siblings.Since during the financial year he/she was not out of India more than 180days in stretch but RBI official told that you are NRI as per
your frequent visit out of India.while he/she was only away from Oct 2016 to Jan.2017 ( without break ).They have not allowed for exchange of old currency in RBI office by submitting all the documents mentioned in your reply.
How the Indians become NRI while they have not stayed more than 180days without break ? Please clarify with rules for the benefits of all. more
No 70 is not yours , it is his. u will get 30% in exchange.
God Bless more
The Regional Director
Reserve Bank of India ---------------- (Name of the Office)
Application for acceptance of Specified Bank Notes (SBNs)
Please accept SBNs as per the details for credit into my bank account which I was unable to exchange / deposit during November 10 to December 30, 2016 into any branch of a bank / post office, as I was abroad during the period and in support of which I am enclosing necessary documentary evidence.
2. My personal details are as under:
3. a. Details of the bank account wherein credit of the admissible amount is requested:
3. b. Details of other bank accounts in India:
4. Details of SBNs tenders:
Mobile / Landline
PAN or Form 60
Identity Proof details – Document Type and Number
Name of Account Holder
Type of Account
Branch Name and Address
Name of Account Holder
Type of Account
Branch and Address
(no of pieces)
₹ 1000 (no of pieces)
Total No. of Pieces
T otal Value
i. I undertake that I had not utilised the exchange/deposit of SBNs facility under
the earlier facility during November 10, 2016 to December 30, 2016.
ii. I understand that the SBNs tendered by me, will be subjected to examination and in case, any counterfeit note and / or non-payable defective / built up note
is detected in my tender, the value for the same will not be payable to me.
iii. In case of detection of counterfeit notes/s in my tender, the matter may be
reported to the Police, in terms of existing law of the country.
iv. Value of the admissible amount will be credited to my account on the
condition that the account is fully KYC compliant.
v. I am availing this facility only once and similar facility will not be available from
this or any other Office of RBI.
vi. RBI is not liable if account details furnished by me are incorrect and / or
account is not fully KYC compliant.
vii. All the documents /declarations submitted by me are genuine and I am liable
to be proceeded against in case any of the above submissions are found to be false.
(Signature) (Name) Date:
i. Copy of Passport evidencing being abroad during November 9 and December 30, 2016
ii. Copy of Valid ID Proof / Aadhaar Card
iii. P AN Card or Form 60
iv. Copies of bank account statements more