Canara Bank NRE Account: Minimum Balance, Interest Rate

One of the largest public sector Indian banks, Canara Bank offers an array of banking and investment services for overseas Indians. NRIs and OCIs can apply for a Canara Bank NRE account to maintain their foreign earnings in India without paying any income tax on the same.

Manoj Negi

June 21, 2023 · 13,259 views

NRI Repatriable Mutual Fund: NRI Investment in India

Unlike other investments, NRIs can invest in mutual funds without the approval from regulatory bodies such as the Reserve Bank of India (RBI). Furthermore, NRIs can opt for either repatriable or non-repatriable mutual fund investments. In this blog, we will explore the concept of NRI Repatriable Mutual Fund, their benefits and how NRIs can invest in them.

Charu Dhasmana

June 19, 2023 · 2,363 views

How can NRI Invest in Mutual Funds in India?

The Indian stock market is a great opportunity for NRIs to grow their wealth back in India. Although NRIs can invest in stocks directly if they have the expertise, investing through mutual funds is a smart and cost-effective solution for all types of investors. In this article, we will analyze how can NRI invest in mutual funds in India, along with the process and regulations.

Manoj Negi

June 19, 2023 · 47,336 views

Kotak Mahindra Bank NRO Account: Interest, Minimum Balance

A Kotak Mahindra Bank NRO account is an ideal rupee savings account for Non-Resident Indians to manage their income sourced in India. The bank offers two types of NRO savings accounts - NRO rupee savings account and NRO Platina saving account.

Manoj Negi

June 17, 2023 · 4,584 views

Bank of India FCNR Rates 2023

Bank of India offers FCNR accounts that serve as an excellent investment avenue for Non-Resident Indians (NRIs) looking to earn attractive returns on their foreign currency deposits. These deposits are available in major currencies including USD, GBP, EUR, JPY, AUD and CAD. The Bank of India FCNR rates vary depending on the currency and tenure of the deposit.

Charu Dhasmana

June 16, 2023 · 3,959 views

IDBI Bank NRE Account: IDBI Bank NRI Account Opening

IDBI bank NRE account offer NRIs a convenient way to save and manage their finances in Indian Rupees (INR). These NRE savings accounts provide attractive interest rates, and the interest earned is exempt from taxation in India. In this article, we will explore the features and benefits of IDBI Bank NRE accounts, including details about interest rates, the application process, and minimum balance requirements.

Charu Dhasmana

June 15, 2023 · 5,396 views

Bank of Baroda NRO Account: Features and Benefits

NRIs and PIOs can enjoy an array of benefits by opening a Non-Resident Ordinary (NRO) account with Bank of Baroda. An NRO account enables NRIs and PIOs to effortlessly manage their income earned in India. In this blog post, we will shed light on the features and benefits of Bank of Baroda NRO account along with the process of account opening and documents required.

Charu Dhasmana

June 14, 2023 · 5,197 views

Zerodha NRI Trading Account: Leading NRI Investment Account

Zerodha is a leading stock broker and offers online discount broking services to both residents and Non-Resident Indians (NRIs). NRIs can open 2-in-1 accounts with Zerodha that include a trading and a Demat account linked to each other. You can open a Zerodha NRI trading account by linking your NRE or NRO savings bank account.

Manoj Negi

June 14, 2023 · 36,688 views

Axis Bank UAE Branches

Axis Bank, one of India's leading private sector banks, has expanded its operations beyond India and established its presence in the United Arab Emirates (UAE). Axis Bank UAE branches cater to the diverse banking needs of Non-Resident Indians (NRIs) in the region. In this blog, we have covered Axis bank branches in the UAE.

Charu Dhasmana

June 13, 2023 · 23,134 views

NRE VS NRO: Selecting the Right Bank Account for NRIs

Non Residents and their bank accounts have been a constant point of introspection. The bank accounts maintained by NRIs in India serve different purposes. Time and again, there has been this research to select the right bank account and benefit from it as an NRI. Weighing out the pros and cons considering NRE VS NRO Account and understanding their fundamentals is essential to have a seamless banking experience in India as an NRI. In this article we will explore the basics of NRE Account and NRO Account while sketching out the differences between them. Ultimately, concluding which bank account is best for you as per your needs.

Manoj Negi

June 13, 2023 · 23,432 views

Want to read more?

Get ready to be enlightened!