LIC NRI Life Insurance: Customized Plans for NRIs

 Investment in life insurance plans leads to the creation of wealth. A file insurance policy comes in handy when needed the most. On maturity, a policyholder or the family can use the funds for a variety of purposes such as child’s education/ wedding, purchase of a new house or as a pension after retirement. Like resident Indians, Non-Resident Indians can also contribute to life insurance policies in India. Here we have picked the best LIC NRI life insurance plans that NRIs can choose from based on their requirements.

SBNRI Team

· 23,064 views

NRI Home Loan Interest Rates and Other Charges 2022

 Non-Resident Indians (NRIs) can realize the dream of buying their own home in India with an NRI home loan. NRI housing loans can be used for a variety of housing needs, such as the purchase of a flat/ house/ plot, construction of a house or renovation/ repair of an existing home. All top banks offer home loans to NRI customers at attractive interest and for flexible repayment terms. NRI home loan interest rate starts from as low as 6.80% per annum.

SBNRI Team

· 19,073 views

NRI Trading Account Charges Comparison 2022 – 23

 Non-Resident Indians (NRIs) are required to open an NRI trading account to trade in stocks, IPOs, stock derivatives, mutual funds, and bonds at BSE and NSE. NRIs are only allowed to trade in equity, equity futures & options, and currency derivatives. As per government regulations, NRIs are not permitted to do intra-day trading or trade in commodities in India. An NRI trading account can be opened with stockbrokers like Zerodha, ICICI Direct and HDFC Securities, etc. NRIs trading account charges vary from broker to broker. Here is the NRI trading account charges comparison for your consideration.

SBNRI Team

· 21,887 views

Federal Bank NRI Home Loan 2022-23: Interest & benefits

 Federal Bank offers Non-Resident Indians (NRIs) a hassle-free home loan to help them buy their dream home. NRI customers can avail a housing loan at competitive interest rates for a variety of financial requirements such as the construction of a house, acquisition of land, home repair or renovation, extension of the house, reimbursement of debt incurred for construction, purchase of a plot for house/ villa, etc. NRIs can get a Federal Bank NRI home loan for a flexible repayment tenure of up to 20 years at an interest rate starting from 7.65% per annum.

SBNRI Team

· 14,862 views

5 Points NRIs should Consider for Life Insurance in India

 Indian citizens living abroad can boost their finances by purchasing life insurance plans in India. Several Insurance companies offer customized life insurance plans to fulfill the needs of NRIs, such as SBI life insurance for NRIs, Max life insurance for NRIs, ICICI Prudential life insurance, etc. Insurance plans, eligibility criteria, and other terms and conditions are slightly different for NRIs from resident Indians. Here are the 5 points NRIs should consider before buying life insurance in India.

SBNRI Team

· 17,407 views

Max Life Insurance for NRIs (Non-Resident Indians)

 Max Life Insurance company is a joint venture of Max Indian Ltd. and Mitsui Sumitomo Insurance Co. Ltd. The company offers tailor-made insurance cum investment plans to Non-Resident Indians (NRIs). Max Life Insurance for NRIs is designed to provide protection to NRIs and their dependents against unforeseen eventualities in life. NRI customers can choose from the extensive range of plans ranging from protection, retirement, child, savings, group and ULIP.

SBNRI Team

· 17,695 views

Life Insurance Plans for NRIs (Non-Resident Indians)

 Life insurance is one of the most preferred investment options in India. Be it resident Indians or NRIs (Non-Resident Indians), securing a life insurance policy should be one of the primary financial management steps for everyone. While there are many options for resident Indians, NRIs can purchase life insurance plans which are exclusively designed to fulfill their requirements. As an NRI, you should purchase a plan which would secure the future of your loved ones and protect them in your absence. Before buying a policy, you must compare the features of life insurance plans for NRIs.

SBNRI Team

· 12,863 views

How to choose term insurance as an NRI (Non-Resident Indian)

 Needless to say that NRIs account for a sizable portion of the global workforce. However, the challenges of expat life could be daunting at times. However, smart financial management can soften the blow and make much of the journey easier. Securing a term insurance cover for yourself and your loved ones should be one of the primary financial management steps for you as an NRI. Several insurance companies are now offering customized plans for NRIs. Buying a term insurance plan as an NRI is similar to buying the plan as a resident. Here we will discuss how to choose term insurance as an NRI.

SBNRI Team

· 16,289 views

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