I am a foreigner and I don’t have an Indian passport, but at the moment I am a tax resident of India and have been living here for a long time. I love India
Of course, I have PAN & AADHAAR cards.
I have already closed my Jupiter Bank account, but I have two questions left:
After registering in the bank app, I was refused on video-KYC since I do not have an Indian passport. Jupiter’s support also did not give any clear comments on this new rule. I have several accounts in Indian banks. And to open a bank account, it was always enough to be a tax resident of the country, but something happened in Jupiter.
The accounts of my friends and their friends (about 6 people), who have opened their accounts much earlier than me, were blocked without explanation. They are also residents of India, pay taxes in India, and do not have an Indian passport - this is a consequence of the “new rules to the expense of foreigners”?
I don’t know what this is connected with, I have not seen any news from RBI or, moreover, from Jupiter, but the fact remains.
I’m just wondering what is happening with you? Such a cool bank, with the best at the moment UI/UX application in banking sector and introducing the segregation policy: Indian/Foreigner (friend/stranger), you lose a large layer of the target audience.
I just would like to get some kind of official comment on this subject.