HSBC Bank NRE FD Rates 2023

 HSBC Bank, a globally renowned financial institution, offers a range of attractive investment options for non-resident Indians (NRIs). One such option is the HSBC Bank NRE Fixed Deposit (FD) scheme. NRE Fixed Deposits provide NRIs with an opportunity to earn competitive interest rates on their deposits while enjoying the flexibility and convenience of managing their funds from anywhere in the world. In this blog, we will focus on the HSBC bank NRE FD rates and features and benefits of HSBC NRE FDs.

Charu Dhasmana

· 6,322 views

Sukanya Samriddhi Yojana for NRI: Get Expert Advisory

 Sukanya Samriddhi Yojana for NRI: Sukanya Samriddhi Yojana (SSY) is a government savings scheme as a part of the Beti Bachao, Beti Padhao Yojana by the Government of India. The scheme enables guardians of any Indian girl below the age of ten years to open a savings account with a minimum deposit of INR 250 per year. The Sukanya Samriddhi account remains operative for 21 years from the date of its opening or until the girl child gets married after the age of 18 years. Sukanya Samriddhi Yojana interest rate is revised on a quarterly basis and the current interest rate is 7.6%*.

Manoj Negi

· 104,190 views

Axis Bank Credit Card for NRI: Discover their Banking Services

 Axis Bank is a reputed bank and the third largest private sector bank in India. The bank provides a large number of NRI services, such as NRI bank accounts, FD, loans, etc. Axis Bank NRI banking services include a wide gamut of services that cater to different requirements of NRIs ranging from planning to go abroad, to living abroad to relocating to India. The bank gives a lot of useful advice for NRIs in addition to providing services that are all encompassing.

SBNRI Team

· 19,935 views

Form 15CA and 15CB for Remittance of Money to NRIs

 Many Non-Resident Indians have money in India that they want to send abroad to their overseas account. Outward Remittance or Repatriation is the answer to the question “How can NRIs send money abroad from India?”. As we have established earlier under Non-Residents and their Bank Accounts that NRIs can maintain the income generated from India such as rent from property, pension, gains from investments etc. in their Non-Resident Ordinary (NRO) Account. Now, this money can be transferred to their overseas bank Account following the regulations of Reserve Bank of India (RBI). This process of sending the money generated in India to the overseas bank accounts of the NRIs is called Repatriation and the medium through which the funds are transferred is called Outward Remittance. In this article we will understand this medium of repatriation in detail

SBNRI Team

· 92,285 views

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