Federal Bank NRI Savings Account: Open NRI Account Online

 Federal Bank is one of the major private sector banks in India. Headquartered in Kochi, the bank has more than 1,200 branches in India and representative offices abroad in UAE (Abu Dhabi and Dubai), Qatar, Kuwait and Oman. With a large number of NRI customers and a large network of remittance partners across the world, Federal Bank receives and manages 15% of India’s total remittances. The bank also has remittance arrangements with more than 110 banks/ exchange companies across the world. Due to exciting features and benefits, Federal Bank NRI account is one of the most preferred NRI bank accounts among Indians living abroad. Based on your requirements, you can open a Federal Bank NRI savings account to conduct banking transactions in India.

Manoj Negi

· 30,024 views

Federal Bank in UAE | Dubai | Abu Dhabi

 Federal Bank is one of the most sought-after banks in the neo-banking space. Headquartered in Aluva, Kochi (Kerala), the bank has 1,272 branches spread across the country and representative offices abroad in Dubai, Abu Dhabi, Qatar, Kuwait and Oman. With an NRI customer base of over 1.5 million and a widespread network of remittance partners, Federal Bank handles a very big amount of inward remittances in India. Representative offices of Federal Bank in Dubai, Abu Dhabi, etc. caters to the banking needs of its NRI customers.

Manoj Negi

· 14,673 views

Top 10 Places to retire in India for NRI in 2023

 Retirement is a sentiment. It’s the admiration and satisfaction of having worked for a life-time and the excitement to spend the rest of your days in peace and content. NRIs all around the globe dream of retiring comfortably in India, preferably in their hometowns, relishing the bygones of their childhood, while some of them plan to select a small town to settle in, perhaps by the hillside or the shore. Many dreams! Many Preferences!

SBNRI Team

· 99,991 views

Non Residents and their Bank Accounts: The 2023 Guide

 Time and again we have wondered about the residential status of a citizen and the concepts of Non Residents and their Bank Accounts. We have already covered the basic aspect of Why is it important to have an NRE/NRO Account for an NRI. In this article, we will explore the various Bank Accounts that an NRI can hold and their benefits with focusing on three major banks in India: Citibank, ICICI Bank and HDFC Bank.

SBNRI Team

· 44,085 views

Common problems faced by NRIs when investing in India

 With the Indian market growing rapidly, NRIs are keen on putting their money in the Indian market. There are several NRI investment options in India, such as mutual funds, equity stocks, IPOs, ETF, bonds, etc. However, investment instruments like equity, bonds, mutual funds and more have their restrictions. For example, some mutual fund companies don’t accept applications from NRIs in the USA and Canada. Here we will discuss common problems faced by NRIs when investing in India.

SBNRI Team

· 16,292 views

What NRIs Expect from Budget 2023?

 Non-Resident Indians face additional complexity of India’s income tax system; income tax rules for NRIs and residents differ in certain ways. Moreover, NRI investment in India is subject to stringent compliance requirements set by the RBI. Hence, Indians living away from their home country have a lot of expectations from the Union Budget 2023 for NRIs, such as termination of excessive TDS across asset classes, online KYC and NRI Demat account opening, helpline number to resolve NRI taxation and investment queries, etc. Here is what NRIs expect from the budget 2023.

Manoj Negi

· 6,059 views

Fractional Ownership of Property in India for NRIs

 Individual investors can get partial ownership in Grade-A commercial real estate with a minimum of Rs. 25 lakh investment. Yes, now everyone can own a slice of Grade-A commercial real estate property in large cities and industrial hubs, including plush office spaces, large warehouses, and glitzy skyscrapers. The concept of fractional ownership of property in India allows individual investors to get partial ownership in physical assets with a minimum of Rs. 25 lakh.

Manoj Negi

· 27,355 views

NPS for NRI 2023: Indian National Pension Scheme

 In the wake of the current situation globally, many NRIs are moving back to India planning to retire here with family and friends. For many, it had been a long term goal before they moved abroad. NPS for NRI comes out as one of the best investment options for NRIs as it helps in creating a retirement corpus that provides both financial independence and taxation benefits. In this article we’ll explore these aspects of the National Pension Scheme (NPS).

SBNRI Team

· 36,575 views

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