Received your OCI card and want to open an NPS account? Here’s what you must knowOverseas Citizens of India (OCI) cardholders, aged 18-70, can invest in the National Pension Scheme (NPS) on either a repatriation or non-r...
30 May, 2025, 09.00 AM IST
Are you breaking the law? Crucial banking changes every new NRI must knowNewly transitioned to Non-Resident Indian (NRI) status? This guide details the essential banking and investment updates required to align w...
18 Nov, 2024, 02.23 PM IST
NRI money guide: 5 mistakes to avoid when using NRE/NRO accounts and how to manage your funds betterNon-Resident Indians (NRIs) often face challenges managing NRO and NRE accounts. Mishaps include using incorrect accounts for funds, exceed...
18 Nov, 2024, 02.11 PM IST
Can NRIs continue to operate their PPF accounts?NRIs navigating PPF accounts encounter restrictions and guidelines, from tax benefits to closure procedures. Understanding these rules is c...
26 Mar, 2024, 03.51 PM IST
NRI Banking: What to know before you transfer money from your NRO account out of IndiaThe maximum amount that can be transferred from an NRO account depends on the source of funding, with a cap of $1 million per fiscal year f...
19 Jan, 2024, 07.40 PM IST
How NRI can transfer NRO account money out of IndiaThere are usually two types of bank accounts that are operated by an NRI in India. These are NRE and NRO bank accounts. The money lying in ...
09 Jan, 2024, 01.22 PM IST
The ultimate guide for NRIs and Indian residents for opening a joint account in IndiaNon-Resident Indians (NRIs) can now open joint bank accounts with Indian residents, thanks to regulatory changes made by the Reserve Bank o...
02 Oct, 2023, 12.07 PM IST
How to transfer money from an NRO to an NRE accountThe RBI has previously restricted the transfer of money from an NRO account to an NRE account. There are a number of situations in which yo...
29 May, 2023, 03.56 PM IST
UPI for NRIs with international mobile numbers: Who can use, how to use, how it will benefit, explainedUntil recently, an NRI would require a valid Indian mobile number to set up a UPI ID for any application. But, now NPCI has allowed NRIs li...
28 Apr, 2023, 11.16 AM IST
How to convert resident savings account to NRO accountIn case customer whose status has now changed to NRI) is a joint/second holder in Resident Account then in such cases, customer need to add...
12 Sep, 2022, 03.11 PM IST
Geojit first to offer online opening of demat accounts for NRIsAs of now, brokerages offer trading and demat account opening facilities to NRIs only as a single category and not linked to an NRE and NRO...
10 Nov, 2021, 06.56 PM IST
Banks may ask you for your religion detailsBanks may introduce a new column in KYC forms for depositors & clients to mention their religion.
21 Dec, 2019, 12.53 PM IST
NRIs can now join National Pension Savings online with PAN or Aadhaar"NRIs can now open NPS Accounts online if they have Aadhaar Card or PAN card," the Finance Ministry said in a statement.
17 Jun, 2016, 07.16 PM IST
What NRIs need to know about investing in mutual funds in IndiaThe investments carry the right of repatriation of capital invested and capital appreciation only till the investor remains an NRI.
03 Aug, 2015, 08.27 AM IST
- RBI allows NRIs to transfer funds from NRO to NRE account
RBI allowed NRIs to transfer funds from non-resident ordinary account to Non-Resident External account subject to a ceiling of $1 million i...
07 May, 2012, 10.18 PM IST
RBI frees rates on NRI deposit schemes; move to stem rupee fallRBI freed interest rates on various NRI deposit schemes, a move that will help attract more funds and arrest the slide in rupee in the fore...
24 Dec, 2011, 11.09 AM IST
Best asset class right now for NRIs investing in IndiaThere are a number of options available for NRIs to invest in fixed income in India. However, not all offer high returns.
13 Oct, 2011, 06.11 PM IST