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How To Open A NRE Or NRO Account From Abroad?
In case you are a Non Resident India (NRI) who works in the Middle East, US, Canada, Australia and other places where you have a large Indian population, you would definitely find a bank branch of an Indian bank. You may ...
Can A Foreign National Open Bank Account In India?
Foreign nationals visit India either as tourists or many have a valid visa, as they come to work in India as diplomats or for whatsoever reason. Tourists as well as foreign nationals can open a bank account in India, although the ...
Can Foreign National Open Bank Account India
Can A Foreign Tourist Open A Bank Account In India?
There are many foreigners who visit India, typically those that are tourist. And, if a foreign tourist is visiting the entire country, chances are bright that his or her stay could be prolonged. If it is so, then it would ...
Can Foreign Tourist Open Bank Account India
NRI: Best Interest Rates Offered on NRE Deposits In India
Non Resident Indians who are looking for fixed income with minimum risk can consider locking their funds in NRE Fixed Deposits. Interest earned on NRE Fixed Deposits are tax free in India. While earlier, there was restriction on the interest ...
Can NRIs invest in company fixed deposits in India?
Non Resident Indians (NRIs) can invest in company deposits under certain conditions according to Reserve Bank of India. NRIs must keep in mind that these deposits should be debited only from the Non Resident Ordinary (NRO) account of NRIs and not ...
Can NRIs invest in company deposits in India?
Non Banking Financial Companies (NBFCs) can accept deposits from Non Resident Indians (NRIs) under some conditions such as the deposits should be debited from the Non Resident Ordinary (NRO) account of the NRI. Deposit from NRIs are also accepted on the ...
Can Nris Invest Company Deposits India
What is a portfolio investment scheme for NRIs/PIOs?
A Non Resident Indian (NRI) and Persons of Indian Origin (PIO) can invest in shares and convertible debentures in India only through a Portfolio Investment Scheme (PIS). The NRI or the PIO has to approach a bank to open such ...
What Is Portfolio Investment Scheme Nris Pios
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