How to Transfer Money to NRE Account

NRIs usually need to transfer funds between different types of accounts - overseas to NRI accounts or vice versa - or even within NRI accounts - NRE, NRO and FCNR accounts. While transferring money between these accounts, they are required to follow RBI guidelines based on the account type. In this blog, we will guide you how to transfer money to NRE accounts from different types of accounts.

Charu Dhasmana

June 8, 2023 · 29,960 views

PAN Card for OCI Citizens: Apply Online

For the purpose of paying income taxes and obtaining government benefits, every person who earns money in India is given a 10-digit alphanumeric number that is a Permanent Account Number (PAN). If you are an OCI ( Overseas Citizenship of India) and want to apply for a PAN card, you need to fill the Form 49AA. In this article, we will discuss all the details regarding the PAN Card for OCI citizens.

Charu Dhasmana

June 8, 2023 · 49,642 views

IndusInd Bank NRE Savings Account: Tax-free Account

Non-Resident Indians can open an NRE savings account with IndusInd Bank to move their foreign earned funds to India. IndusInd Bank NRE savings account comes with a host of exciting features, including low average monthly balance, attractive interest rates, joint account facility, etc.

Manoj Negi

June 7, 2023 · 11,148 views

CSB Bank NRI Account Opening: Open NRI Account Online

To cater to the financial needs of Non-Resident Indians, Catholic Syrian Bank offers a wide range of banking services to NRIs including NRI accounts, FDs, and home loans. This blog post aims to explore the features and benefits of opening an NRI bank account with CSB Bank and also the process of CSB bank NRI account opening online.

Charu Dhasmana

June 7, 2023 · 15,055 views

Yes Bank NRE Savings Account: Features & Benefits

Yes Bank NRE savings account is a rupee-denominated savings bank account loaded with security features. Indians living abroad can deposit their earnings in foreign currency in this account, which at the time of deposit gets converted to INR as per the prevailing exchange rate. NRIs can save money in this account in the form of fixed deposits, savings or recurring deposits. Interest earned in this account is not taxable in India.

Manoj Negi

June 7, 2023 · 25,326 views

DBS Bank NRE FD Rates: Tax-free NRI Investment

When it comes to investment opportunities, India offers a wide range of investment options for Non-Resident Indians (NRIs). One such avenue is the Non-Resident External Fixed Deposit (NRE FD) offered by DBS Bank. DBS Bank provides NRIs with attractive interest rates and a host of benefits that make their NRE FDs a lucrative investment option. In this blog, we will explore DBS Bank NRE FD rates.

Charu Dhasmana

June 6, 2023 · 3,923 views

10 Best Bank Accounts for Seafarers/ Merchant Navy Professionals

Sailors constantly move from one place to another and hence find it difficult to carry out essential financial transactions. Due to geographical barriers, it is hard for a seafarer to withdraw money, pay bills, invest money, etc. In this case, a seafarer account is ideal for sailors who spend many months at sea moving from port to port. We have picked up 10 best bank accounts for seafarers or merchant navy professionals to manage their finances with ease and convenience.

Manoj Negi

June 6, 2023 · 51,217 views

PNB NRI FD Rates: Latest NRE, NRO & FCNR FD Rates 2024

Punjab National Bank, also known as PNB, is the second largest bank in India in terms of business and network. The bank has a pan India presence with 10,930 branches and 13,878 ATMs. The bank also operates in the UK, Hong Kong, Kowloon, Dubai and Kabul through its subsidiaries and overseas branches. Just like its Indian customers, Punjab National Bank offers a vast array of financial services to Non-Resident Indian (NRI) customers, NRI Fixed Deposits, NRE Account, NRO Account, FCNR(B) Account, RFC Account, etc. In this article we will explore the latest PNB NRI FD Rates for 2021.

SBNRI Team

June 6, 2023 · 20,087 views

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

June 5, 2023 · 7,233 views

Can NRI Claim 80C Deduction of the IT Act?

The Indian government offers various tax deductions and exemptions to Non-Residential Indians (NRIs) to encourage NRI investment in India. One such provision is Section 80C of the Income Tax Act, which allows NRI taxpayers to claim deductions. In this blog, we will delve into the details of 80C deductions for NRIs.

Charu Dhasmana

June 3, 2023 · 6,066 views

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