| |
 |
|
| |
|
|
| |
Make the most of the attractive investment opportunities in India. But before you do that know all that you need to know about investing. |
|
|
| |
An Indian citizen or a foreign citizen of Indian origin who stays abroad for employment/carrying on business or vocation or under circumstances indicating an intention for an uncertain duration of stay abroad is a NON-RESIDENT INDIAN (NRI) |
|
|
| |
When a NRI wants to invest in Mutual Funds offered in India, it becomes mandatory for him to open an NRE / NRO /FCNR Bank Account . All Investment made into Mutual Fund ( offered in India ) by an NRI has to made through his NRO / NRE / FCNR Bank Account. |
|
|
| |
Non-Resident (External) Rupee (NRE) account is a rupee account from which funds are freely repatriable. It can be opened with either funds remitted from abroad or local funds maintained in NRE/ FCNR accounts, which can be remitted abroad. The deposits can be used for all legitimate purposes. The balance in the account is freely repatriable |
|
|
| |
Non-Resident Ordinary Rupee (NRO) account is a rupee account and can be opened with funds either remitted from abroad or generated in India. The amounts in such an account are generally non-repatriable. However, funds in NRO accounts can be remitted abroad subject to/as per various directives in force at the time of repatriation. More details can be found on the Reserve Bank of India (RBI) website |
|
|
| |
We at NJ NRI Services helps and assist our Investors in opening NRO/ NRE bank accounts. |
|
