Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What are NRI, NRE and NRO accounts?

April 26, 2017accounts businesses India local NRE NRI nro other - india

0

Posted

What are NRI, NRE and NRO accounts?

1 Answer

0

Posted

The accounts are meant for Non Resident Indians. There are differences in the accounts. These are savings acounts offered to Non Resident Indians by Indian Banks, each is having set of guidelines in operating the same. If you need more clarifications you need to consult your bankers.