IntroductionNRIs handling their finances across different countries can be challenging. To ensure financial stability, NRIs should be aware of NRI banking services and repatriation procedures. This article aims to equip NRIs with the knowledge to navigate international banking and fund transfers confidently.Banking Services for NRIs: NRI banking services meet the financial needs of the Indian […]
NRIs open NRE/NRO account to manage their funds and for the purpose of repatriation of funds they use these accounts to deposit foreign income or income accruing in India. Repatriation from these accounts means remitting the funds to the country of residence of NRI.The repatriation of funds can be repatriated to the foreign account of […]
NRIs, PIOs and OCIs are exempted from Aaadhaar Card.It is compulsory in India to link all saving bank accounts with Aadhaar Card. If you still have normal saving accounts in India, it is a compulsion for NRIs too to link it with Aadhaar card by 31/03/2018. To avoid freezing accounts NRIs, PIOs and OCIs need […]