Is there any limitation as to how many accounts an NRI can maintain in India?

No, there is no limitation, and an NRI can maintain multiple accounts with different banks.

Leave and License vs. Rent Agreements in India for NRIs – Differences and Benefits

IntroductionNon-resident Indians (NRIs) frequently own property in India and renting them out can help in generating income. However, it is not easy to manage and maintain tenants while staying abroad. At the time of renting out the property in question the parties are required to execute the agreement which is called Leave & License Agreements […]

Reactivation of Dormant Accounts Now: RBI’s New Policy with Guidelines

Summary The Reserve Bank of India issued new set of guidelines to streamline the process of reactivating dormant accounts and ensuring that the accounts do not remain unused for longer period of time and some activities are carried out regularly. These new guidelines ensure simpler methods of reactivation of dormant accounts and provide secure […]

Indian Real Estate Market: Navigating The Legal Maze For NRIs

Summary This article dives deep into the realm of property investments and management for NRIs, including the concept of NRI property investments and management. The idea of property taxation for NRIs is the key point that puts up to the complex nature of investments in property for NRIs. The Indian property market is very […]

NRI Banking Services and Repatriation – A Personal Guide

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 […]

The Litigation Process in Property Disputes for NRIs: Detailed Guidance

IntroductionLitigation can be challenging; hence, it necessitates comprehension of rules that make the process less stressful and more fruitful in a quick manner.Disputes among property owners are common in all fields of law and arise out of different situations. The problems may relate to disputes over land titles, inheritance, leases, proximity of other owners’ properties, […]

Is there any limitation as to how many accounts an NRI can maintain in India?

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