Best International Travel Insurance for Indians

Almost everyone loves traveling. Everyone usually starts planning and preparing for their travels in advance. Travel insurance is not only necessary in order to ensure health care while traveling. It is also required by many foreign countries in order to get a visa to travel there. It has major benefits as well. Health care without insurance can be extremely expensive and this is a way to plan in advance for anything that may go wrong. This article is about the best travel insurance for Indians.

Indian Community Welfare Fund (ICWF)

Started in 2009, the Indian Community Welfare Fund (ICWF) is meant for overseas Indian nationals during their time of need. The ICWF selects the most eligible for aid. The ICWF has also been a major factor in the evacuation of Indians during emergencies from zones of conflict, the effects of natural disasters, and other such tumultuous occurrences. This article explains how the Indian community welfare fund (ICWF) functions.

Can NRIs invest in unlisted companies in India?

One of the fastest growing major economies in the world, India remains an attractive investment destination for NRIs. Regulations regarding foreign and NRI investments have been relaxed over the years, facilitating easier cash inflow. NRIs can invest in listed shares in the stock market, ETFs, mutual funds, debentures, NCDs, etc., provided they adhere to the Foreign Exchange Management Act (FEMA) regulations. But can NRIs invest in unlisted companies in India?

NRI Home Loan Repayment Methods

Many nationalized banks and NBFCS (Non-banking financial companies) offer home loans for NRIs who want to buy their own home in India. NRI home loan interest rate ranges from 6.90% to 10% per annum. NRIs need to repay the principal amount and interest rate charged by a bank or financial institution. NRI loan borrowers can use their NRI bank account to repay the loan. Common NRI home loan repayment methods are described below.

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