Axis Bank International Branches: Dubai, UK, Singapore

Axis Bank is one of the leading private sector Indian banks with a network of thousands of branches and extension counters, and ATMs in India. Axis Bank international branches and representative offices are spread in Singapore, UAE, Hong Kong, Shanghai, Colombo and Dhaka. The bank is present in the UK through its wholly owned subsidiary Axis Bank UK Limited.

Manoj Negi

July 15, 2023 · 14,651 views

Can I Open NRO Account from USA?

The United States houses the second largest population of NRIs after the UAE. We often receive a lot of queries from USA-based NRIs regarding investments and account opening in India. Among many questions that arise, one such question is “Can I open NRO account from USA? In this blog, we will answer this question and delve into the details of opening an NRO account from the USA, discussing the requirements, process, and benefits.

Charu Dhasmana

July 14, 2023 · 5,141 views

CSB NRE Fixed Deposits: NRE FD Rates 2023

Catholic Syrian Bank Limited, established in November 1920, is the oldest private sector bank in Kerala at present. One of the popular investment avenues offered by CSB for Non-Resident Indians (NRIs) is the Non-Resident External (NRE) Fixed Deposits. In this blog, we will focus on the CSB NRE fixed deposits, their rates and benefits.

Charu Dhasmana

July 14, 2023 · 4,900 views

Union Bank of India NRE Account: Features and Benefits

Non-Resident Indians (NRIs) can apply for Union Bank of India NRE accounts to maintain their foreign earnings in India. An NRE account offers tax-free interest earnings and full repatriation of funds. In this blog, we will explore Union Bank of India NRE account interest rates, the application process, and minimum balance requirements.

Charu Dhasmana

July 13, 2023 · 4,786 views

Bank of Baroda FCNR Rates 2023: Tax-Free Investment

Bank of Baroda FCNR (Foreign Currency Non-Resident) Deposits are term deposits that allow Non-Resident Indians (NRIs) to deposit their foreign currency earnings in India in a fixed deposit account. The FCNR deposits are available in various currencies like USD, GBP, EUR, JPY, CAD, AUD, etc. Bank of Baroda FCNR rates differ depending on the currency and tenure of the deposit.

Manoj Negi

July 13, 2023 · 6,370 views

HDFC NRO vs NRE Account: Which One Should I Open?

A large number of NRIs and OCIs apply for HDFC NRI account to maintain their foreign earnings and income sourced in India. HDFC Bank allows NRIs to open two types of NRI savings accounts - NRO and NRE savings accounts. These NRIs accounts have some similarities as well as differences in terms of account opening process, taxability, permissible credits, etc. Here is a deep analysis of HDFC NRO vs NRE account.

Manoj Negi

July 12, 2023 · 4,374 views

Form 60 for NRIs: Income Tax Form

NRIs (Non-Resident Indians) who do not possess a PAN card but want to engage in specific transactions mentioned in Rule 114B of the Income-tax Act, 1962 need to file Form 60 as declaration. In this blog, we will delve into the details of Form 60 for NRIs, its purpose, and the process of filing the Form.

Charu Dhasmana

July 12, 2023 · 10,206 views

Can NRIs Continue with Resident Savings Account?

As soon as one's resident status changes to NRI, numerous finance rules and regulations change that might lead to confusion and curiosity. Among many questions that arise, one such question is “Can NRIs continue with resident savings account?” In this blog, we will delve into this topic and guide NRIs towards making informed decisions that align with their financial goals and regulatory compliance.

Charu Dhasmana

July 11, 2023 · 4,927 views

How can NRIs Transfer Funds Overseas from India

NRIs (Non-Resident Indians) often earn income abroad, but they may also possess funds in India derived from passive sources like rent or the sale of investments and property. It is possible for them to transfer these funds overseas, given that they adhere to the regulations established by the Reserve Bank of India (RBI). In this blog, we will explore how can NRIs transfer funds overseas from India seamlessly and efficiently?

Charu Dhasmana

July 10, 2023 · 2,857 views

SBI NRO Fixed Deposit Rates 2023

State Bank of India offers different types of fixed deposits for non-resident Indians - NRE, NRO RFC and FCNR fixed deposits. However, only an NRO fixed deposit account can be opened to deposit income earned in India by NRIs. You can open an SBI NRO fixed deposit for a tenure ranging from 7 days to 10 years. SBI NRO FD rates also vary from 2.90% to 6.00% p.a.

Manoj Negi

July 10, 2023 · 9,915 views

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