Inward remittances to India for NRIs are not limited. However, these transactions are subject to FEMA regulations and may require documentation for large amounts.

Upon returning to India permanently, you should inform your bank. Your NRE and FCNR accounts will typically be converted to resident accounts, while NRO accounts can continue as is.

NRIs can invest in many instruments. Some restrictions exist, though. For example, NRIs cannot invest in small savings schemes like the Public Provident Fund (PPF) through their NRE/FCNR accounts.

You can transfer money from your NRI account to a regular Indian account through online banking, NEFT, RTGS, or by issuing a cheque.

NRI accounts can be operated jointly with other NRIs or resident Indians, but the primary account holder must be an NRI.

Minimum balance requirements depend on the bank and the account type. Some banks offer zero-balance NRI accounts, while others may require a minimum balance ranging from ₹10,000 to ₹100,000 or more.

Generally, you must already reside abroad to open an NRI account. However, some banks may allow you to open an account if you have a valid visa and are about to leave India.

An NRI is an Indian citizen who resides outside India for employment, business, or other purposes, intending to stay abroad indefinitely.