SBI Mutual Funds for NRI – Online Investment

Over 75 lakh customers have invested in Indian markets through various SBI Mutual Fund Schemes. Not only resident Indians, but NRIs and FIIs can also invest in mutual funds in India. SBI Mutual Fund continuously strives to meet the expectations of its NRI customers with new products and services. Here we will explain the different aspects of SBI NRI Mutual Fund to help NRIs understand the process better.

401(k) Rollover to IRA: 4 simple steps guide

When you leave a job to start a new one, you can either cash out your 401(k) retirement plan or transfer it into your new 401(k) account, or roll it over into an individual retirement account (IRA). For most employees, it is a smart choice to roll over a 401(k) into an IRA. A 401(k) rollover allows you to transfer money from an old (401k) account to an Individual retirement account or another 401(k) plan. Key reasons for a 401(k) rollover to IRA are more investment choices, lower fees, and the potential to open a Roth account, etc.

ICICI NRI Investment Options in India

ICICI Bank is an Indian multinational bank and financial services company. Through a variety of channels and subsidiaries, the bank offers a wide range of banking products and financial services to NRI customers, including ICICI NRI bank account opening, fixed deposits, investment banking services, life insurance, loans, and a lot more. Some of the ICICI NRI investment options include ICICI NRI fixed deposits, trading account, mutual funds, PIS, life insurance for NRIs, etc.

Sharekhan NRI Account : Process and Brokerage Fees

Sharekhan, founded in the year 2000, is one of India’s leading stock brokers. It offers stock market trading and investments to all kinds of customers including retail, corporate and institutional investors. Moreover, it also provides NRI investment services online as well as through its branch offices in the UAE and Oman. If you are an NRI and looking to open an account, then Sharekhan NRI account is the one for you. Read through the article to know more about Sharekhan and what it offers.

DTAA Rates: Its Benefits for NRIs

For NRIs, paying taxes on the same income in both the residence country and the country where he/she works can be pretty daunting. To minimize such double taxation issues, India has signed the Double Taxation Avoidance Agreement (DTAA) with 80+ countries. It allows NRIs to avoid paying double taxes on income earned in both their country of residence and India. Under this agreement, there is a fixed tax rate set between India and other countries, based on which the tax is deducted from the income earned in India. These rates are different for each country. Scroll through the article to know more about the DTAA rates.

Zero Balance NRI Account in India

NRIs who want to have a savings account in India, cannot operate a regular resident savings account. They need to open an NRI bank account to execute banking transactions in India. Although there are many banks you can open an NRI account with, the minimum balance required in a savings account varies from bank to bank. For example, some banks provide the facility of zero balance NRI account opening, but others require NRI to deposit minimum balance at the time of account application and maintain monthly/ quarterly balance in the account.

NRI Life Insurance – FAQs (Frequently Asked Questions)

NRIs can get life insurance plans in India offered by insurance companies, such as SBI Life Insurance for NRIs, LIC NRI Insurance Plans, Max Life Insurance, HDFC Life Insurance, etc. While searching for life insurance in India, NRIs are faced with an array of questions related to eligibility, cost of the insurance, premium payment, medical examination, NRI accounts, KYC procedure, documentation, etc. Here are the answers to common questions asked by NRIs (NRI Life Insurance - FAQs).

ICICI Bank NRI Account Opening: Open NRI Account Effortlessly

ICICI Bank is one of the top private sector banks of India with a network of 5,275 branches and 15,589 ATMs across India and has a presence in 17 other countries. The bank has branches in the United States, Singapore, Bahrain, Qatar, Oman, Singapore, Dubai and South Africa, and subsidiaries in the United Kingdom and Canada. ICICI Bank offers a wide range of NRI Banking products and services including savings accounts, fixed deposit accounts, money transfer services, and a lot more. NRIs can open an ICICI Bank NRI account at the nearest ICICI branch in India and abroad, or they can request for opening an NRI account through an online application.

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