Can funds be credited to an FCRA account simply after the account is opened

Can funds be credited to an FCRA account simply after the account is opened

No. Funds can be credited to the FCRA account only after the approval from Ministry of Home Affairs (MHA) is received for that account. Till then, the account will be blocked.

Can funds be credited to an FCRA account simply after the account is opened

No. Funds can be credited to the FCRA account only after the approval from Ministry of Home Affairs (MHA) is received for that account. Till then, the account will be blocked.