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Press ReleaseThe Major Benefits Of An NRE Account Deposit
Posted on Wednesday, February 28th, 2024 |
As the global economy continues to be in a state of flux, more and more individuals are looking to invest their money somewhere safe and secure. If you are an NRI looking to take advantage of high-interest rates on foreign deposits in India, a Non-Resident External (NRE) account deposit may be the solution you’ve been…
Read moreWhy Do Banks Need Special Approaches To Manage NRI Banking?
Posted on Tuesday, February 27th, 2024 |
As Non-Resident Indians (NRIs) increasingly look for investment opportunities in their home country, banks must develop special approaches to cater to this segment’s unique needs and preferences. IndusInd Bank offers different types of NRI bank accounts that NRIs can choose from. As the world becomes increasingly globalised, more and more people are moving across the…
Read moreHow can NRIs Avoid Tax Troubles by Opening NRE Savings Account?
Posted on Monday, February 28th, 2022 |
If you are an NRI but have strong financial and family ties in India, managing the flow of money could be a tricky part. Many Non-resident Indians have their utility bills and house EMIs to pay in India while living abroad. Some might be making additional money through renting out their homes in the country….
Read moreDifference Between NRE Account & NRO Account
Posted on Wednesday, August 25th, 2021 |
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…
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