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Here are the different stages of your application for OCI in lieu of PIO Card in USA

Service Category – OCI in lieu of PIO Card
Service Type – OCI in lieu of PIO Card Lifetime Multiple Entry
Processing Location – Houston
Processing Type – Normal

Processing stages after CKGS receives your completed application form at their processing center

Stage 1: Received
Stage 2: Verification
Stage 3: Under Process
Stage 4: Manifestation
Stage 5: In Transit
Stage 6: to Embassy
Stage 7: Under Process
Stage 8: at Embassy
Stage 9: Call for Old PIO Card
Stage 10: Received Old PIO Card
Stage 11: Verification of Old PIO Card
Stage 12: Old PIO Card – Under Process at CKGS
Stage 13: Old PIO Card – In Transit to Embassy
Stage 14: Old PIO Card – Under Process at Embassy
Stage 15: IN TRANSIT – Old PIO Cancelled Card New OCI Card to CKGS from Consulate
Stage 16: SORTING – of New OCI Card
Stage 17: DISPATCH – New OCI Card from CKGS

for more information visit – https://www.in.ckgs.us/


Can OCI (Overseas Citizenship of India) card holder buying property india or open bank account in India ? Here is the Benefits of and disadvantages of being an OCI Card holder

Advantages of OCI card

  • Multi-purpose, multiple entries, lifelong visa for visiting India.
  • Exemption from registration with local police authority for any length of stay in India.
  • Parity with NRIs in respect of economic, financial and education fields except in matters relating to the acquisition of agricultural / plantation properties.
  • Parity with Non-Resident Indians in the matter of inter-country adoption of Indian children.
  • Parity with resident Indian nationals in matters of tariffs in domestic air fares.
  • Parity with domestic Indian visitors in respect of entry fees for visiting national parks and wildlife sanctuaries, visiting national monuments, historical sites and museums in India.
  • Practicing the following professions – doctors, dentists, nurses and pharmacists, advocates, architects and chartered accountants.

Disadvantages of OCI card

  • You have to renounce your Indian Passport.
  • You have no voting rights.
  • You cannot be a candidate for Lok Sabha / Rajya Sabha / Legislative Assembly / Council or a member of the House of the People or of the Council of States.
  • You cannot hold constitutional posts such as President, Vice President, Judge of Supreme Court / High Court, etc..
  • You cannot normally hold employment in the Government of India.

[ source https://www.in.ckgs.us/ ]


RBI has allowed NRI’s ( non-resident Indians) to exchange scrapped Rs 500 and Rs 1,000 notes till June 30. NRIs and Indians returning from abroad will have to physically show the old Rs 500 and 1,000 rupee notes to Customs officials at the airport and get a declaration form stamped before they can deposit the demonetised currency in RBI.

  • NRI’s who were abroad during November 9 and December 30, 2016, can exchange old Rs.500 and Rs.1000 currencies up to June 30, 2017 – The limit for NRIs will Rs 25,000 per person as per the relevant FEMA Regulations
  • Resident Indians who were abroad during November 9 and December 30, 2016, can exchange old Rs.500 and Rs.1000 currencies up to March 31, 2017- no limit for exchange for the eligible Resident Indians.

NRIs, Indians returning home to show old notes to Customs

  • Indians abroad will have to produce a “copy of passport with immigration stamp as proof of the individual’s absence from the country during the period November 9, 2016, to December 30, 2016″

Where can I deposit the money ?

For NRIs the facility is available from January 2, 2017 to June 30, 2017 at five Reserve Bank offices.

  • Mumbai, New Delhi, Chennai, Kolkata, and Nagpur.

for more information visit RBI –  https://www.rbi.org.in/Scripts/FAQView.aspx?Id=122


Interest rates on Domestic, NRO & NRE deposits less than 1 crore with premature withdrawal facility

ICICI Bank Fixed Deposit ( Effective upto Nov 16, 2016)

– 7.25% p.a. on Fixed Deposits for tenure of 390 days

– 7.75% p.a. on Fixed Deposits for tenure of 390 days for Senior Citizens


Visit ICICI Bank Fixed Deposit Interest rates page


Here is the look, color, theme and features of new 500 and 2000-rupee notes

New – Indian Rupee 500 (click the image below for features )



New – Indian Rupee 2000  (click the image below for features )



Here are some tips to exchange old Rs 500 & 1,000 notes for Indian’s who live out of India  ?

1. If you are travelling, carry the cash with you to India and deposit in your account till Dec 30, 2016
If you dont have plans to travel this year, you can still exchange old 500 and 1000 rupees at RBI offices with proof.

2. If you are NOT travelling, give cash to a friend/ relative who is to India

  • authorise in writing enabling another person in India to deposit the notes into your bank account.

3. Deposit to Non Resident Ordinary Rupee (NRO) account.

  • If you have an Non Resident Ordinary Rupee (NRO) account, deposit it

According to RBI guidelines

An NRI can deposit the old Rs500 and Rs1,000 currency notes to Non Resident Ordinary Rupee (NRO) account

Checkout RBI question and answers to exchange old 500 and 1000 rupees

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