LetsDiscuss: NRO, NRE and FCNR accounts for NRIs: Pros and Cons to consider before opening a account

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posted by ramvis 519 days ago
There are several options available for NRIs considering opening a account in an Indian bank: Non-Resident Ordinary (NRO) Savings Account, NRO Fixed Deposit Account, Non-Resident External (NRE) Savings Account, NRE Fixed Deposit Account and Foreign Currency Non Resident (FCNR) Fixed Deposit Account. Each of these account types has certain advantages and disadvantages. Understanding them can help you in making a choice.
discuss | tags: nris nro fcnr nre fixed deposits all | category: LetsDiscuss | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
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