Australian High Commission
India
High Commission address: 1/50 G Shantipath, Chanakyapuri - Telephone: 4139 9900 - Fax: 4149 4490

Acceptable Institutions for Funds and Loans

The Migration Regulations require that a bank must be governed by the central bank of the foreign country in which it operates, for it to be acceptable. Acceptable banks in India and Nepal listed on the tables below:

Acceptable financial institutions in India:
ABN Amro Bank Ltd
Andhra Bank
Allahabad Bank
AXIS Bank Ltd
Bank of Baroda
Bank of India
Bank of Maharashtra
Bank of Punjab Ltd
BNP Paribas
Canara Bank
Central Bank of India
Centurion Bank of Punjab Ltd
Citibank
Corporation Bank
Dena Bank
Federal Bank Ltd
HDFC Bank Ltd
Hongkong and Shanghai Banking
Corporation
IDBI Bank Ltd
Indian Overseas Bank
Indian Bank
Ing Vysya Bank Ltd
Indusind Bank Ltd
ICICI Banking
Jammu & Kashmir Bank Ltd
Karnataka Bank Ltd
Kotak Mahindra Bank
NOVA Scotia Bank
Oriental Bank of Commerce
Punjab National Bank
Punjab and Sind Bank
South Indian Bank Ltd
Standard Chartered Bank
State Bank of India
State Bank of Bikaner and Jaipur
State Bank of Hyderabad
State Bank of Indore
State Bank of Mysore
State Bank of Patiala
State Bank of Saurashtra
State Bank of Travancore
Syndicate Bank
UCO Bank
Union Bank of India
United Bank of India
Vijaya Bank
Acceptable Financial Institutions in Nepal  
Bank of Kathmandu
Everest Bank Ltd
Himalayan Bank Ltd
Kumari Bank Ltd
Laxmi Bank
Lumbini Bank Ltd
Macchapuchhre Bank
Nabil Bank Ltd
Nepal Bank Ltd.
Nepal Credit and Commerce Bank Ltd (NCC Bank)
 Nepal Industrial and commercial Bank Ltd
Nepal Investment Bank Limited (NIBL)
Nepal SBI Bank Ltd
Nepal Bangladesh Bank Ltd
Rastriya Banijya Bank
Standard Chartered Bank

 All international banks operating in India also meet these criteria. If you are unsure please contact the visa office to confirm.

** The information contained herein has been amended as on 2 June 2008**

 

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