NRE Fixed Deposit Rates 2024: Top Banks for NRE FDs

 Fixed deposits are one of the most preferred investment options in India because of the nominal risk and guaranteed returns. Like resident Indians, Non-Resident Indians (NRIs) are also investing in NRI (NRE, NRO & FCNR) fixed deposits to save and manage their foreign income in India. NRE fixed deposits are similar to regular term deposits, opened using NRE accounts. All NRIs and PIOs can invest in NRE FDs in India. Indian banks and NBFCs (Non-Banking Financial Companies) offer attractive NRE Fixed Deposit rates, which are virtually tax-free.

Manoj Negi

· 43,395 views

Best Debt Mutual Funds in India 2024 for Residents and NRIs/OCIs

 Debt funds are a kind of mutual funds that lend money to the government and companies to generate returns. In India, debt funds principally invest in fixed-income securities, including corporate bonds, debentures, treasury bills, commercial paper, etc. Funds that earn fixed interest and involve lower risk than equity funds can be considered best debt mutual funds. Both normal residents as well as NRIs can invest in these funds.

Manoj Negi

· 15,211 views

Want to read more?

Get ready to be enlightened!

    Copy link
    CopyCopied
    Powered by Social Snap