Are there restrictions on number of NRI accounts one can maintain?

No, as such there are no restrictions on the number of NRI accounts. One can maintain multiple NRE/NRO accounts across different banks based on one’s financial needs and investment planning.

Property Transfer After Death with Will – Rights, Procedures, Challenges, and Solutions for NRIs

In India, property transfer via a will is an organized and legally recognized method of transferring assets. A will, which is governed by the Indian Succession Act of 1925, enables people to mention how exactly their assets will be divided upon their demise.The will is mandated to satisfy several legal conditions, including the testator’s sound […]

NRI Funds Management: Complete Banking and Investment Guide

IntroductionManaging finances across borders could be overwhelming for the NRIs. Whether it is about banking, investments, or repatriation, having the right knowledge makes these complex matters easier and thereby helps secure their finances.Understanding NRI Funds ManagementWhat Makes NRI Banking Different?When someone becomes an NRI, their financial management transforms. Their regular savings account needs conversion, and […]

Property Delays Legal Help for NRIs: Legal Rights, Builder Penalties & Court Remedies

For thousands of Non-Resident Indians (NRIs), buying property in India is an emotional investment, but unfortunately, it often becomes a nightmare when builders delay possession, abandon projects, or fail to deliver on promises. If you’re stuck in a property delay, you’re not alone. Such cases are alarmingly common.This article guides you to understand the reasons […]

Joint Property Ownership in India: Types, Rights, Rules, Disputes & Legal Guide for Co-Owners

In India, property ownership is not always individual; many families, spouses, and business partners choose to purchase and hold property together. This arrangement is known as joint property ownership, where two or more people legally share ownership of the same property.Joint property ownership offers financial flexibility and security, but it also comes with well-defined rights, […]

Fight Against Fraudulent Builders – Legal Rights in Property Disputes for NRIs

Buying property in India as a Non-Resident Indian (NRI) often comes with emotional and financial expectations. However, many NRIs become victims of fraudulent real estate developers in India. Common issues include delayed possession, fake project approvals, false promises, or outright scams. As an NRI you should be aware of your legal rights in property disputes.Fortunately, […]

Are there restrictions on number of NRI accounts one can maintain?

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