What is the difference between OCI and PIO?

OCI and PIO stand for different things; Indians who live outside the country of their origin usually used both of them interchangeably. PIO and OCI cardholders are allowed to an opened rupee bank account, lend money, have an investment in India. When it comes to their requirement for eligibility, PIO has a much broad aspect, while that of OCI is limited. The eligibility requirement for PIO includes having an Indian origin, parent, grandparent, or great grandparent that was born and are permanently residing in India, foreign spouse, etc., while the eligibility of requirement for IOC extends back off grandparents, but a foreign spouse is not eligible. The use of PIO and IOC card vary a lot, the PIO cardholder can travel out of India without a passport, and it is valid for 15 years. For the IOC card holder, the card is valid as long as the owner is alive.

Indians who are living outside of their country often wonder what type of card they should obtain, OCI or PIO. The way you should choose between the two is to be aware of what qualifications you fall into and also what these abbreviations mean. There are classifications for those who are living outside of India. This classification includes NRI, PIO, and OCI. However, NRI stands for Non -Resident Indian. PIO and OCI are available for those who have an Indian passport or have had parents, grandparents, or great grandparents that were born and are permanent citizens of the country.

The significant difference between them is their conditions for admissibility. PIO has a much bigger perspective, which encompasses as far as four generations, while OCI is limited. A person is suitable for PIO if the person is of Indian origin but is a citizen of another country, and his parents, grandparents, or great grandparents that were born and are permanently living in India. On the other hand, OCI only goes as far back as the grandparents.

To start with, OCI and PIO are two kinds of cards that are obtainable by an Indian citizen. You must have the India passport or have parents or grandparents that are related to India. If you came from a territory that is a part of India, you could also possess the OCI or PIO, provided you are not a citizen of some certain places such as Pakistan, Bangladesh, and Sri Lanka. The PIO actually covers like four generations back, which makes it of a broader aspect than OCI, which has some limitations.

You are basically entitled to a PIO card if you are an Indian citizen, that is, if you have your parent, grandparent, or great grandparent residing permanently in India. You are also eligible for your PIO if you are an Indian citizen, but you are away from the country with your spouse, but you are not eligible for the OCI card. The OCI card does not extend beyond your grandparent. In addition, the PIO lasts for only 15 years, while the OCI lasts for a lifetime.