Monthly Archives: August 2021
High-interest returns, availability of numerous zero-risk investments, and hassle-free fund repatriation are some of the reasons why countless NRIs prefer to invest their hard-earned money in India. The wide range of investment instruments for NRIs help them meet their varied financial appetites and goals. To put it simply, you may be far away from home,…
When you move away from home, a lot of things change, including your financial life! A change of residential status also means a change in the nature of your bank account.According to the Foreign Exchange Management Act (FEMA), a Non-Resident Indian (NRI) cannot hold a resident savings account in India. Thankfully, you can manage your…
Just like NRIs don’t break emotional ties with their motherland, they no longer need to sever the financial one. India offers them a great deal of banking and investment opportunities that caters to a diverse set of financial goals. Consider one such example of a Non-Resident External or NRE savings account. Through this account, you…
Can’t find taxis or autos when you need them the most? Don’t want to pay the ridiculous surge fares cabs charge? Tired of waiting for the bus? Well, getting a two-wheeler can help you swerve past all these hassles. Fortunately, purchasing a two-wheeler has become a lot easier over the years. Why? Because of two-wheeler…
If you’re an NRI looking for a high-return investment avenue back home, an NRE fixed deposit (FD) account is just right for you. An elegant financial solution, NRE fixed deposits are entirely tax-free in India , give you attractive interest rates, and can be opened online within minutes. What’s more, you can start this FD…