Why NRIs Should Invest in Bajaj Finance Fixed Deposit? September 09, 2019 09:50
Indians abroad who want to open a savings account or a fixed deposit account in India cannot open standard savings account like Indian residents. In case you opened savings account India before moving to a…
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Now NRIs Can Get Home Loan from State Bank of India - Eligibility, Documents Required July 16, 2019 10:59
India’s multinational bank, the State Bank of India is now open to provide home loans to Non-Resident Indians (NRIs) and Persons of Indian Origin (PIO) with a maximum home loan repayment tenure being fixed at…
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India to Get Swiss Bank Details of All Indians from September July 11, 2019 12:45
Last month a report unveiled that unaccounted wealth outside the country held by Indians was in the range of USD 216.48 billion to USD 490 billion over various periods between 1980 and 2010. India's fight…
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Over 20 Indians Living Abroad Facing CBI Probe for Financial Irregularities June 28, 2019 10:59
There are 24 Indians living abroad who are involved in financial irregularities with banks and are under criminal probe in Central Bureau of Investigation (CBI) cases for the last three years, the Indian government informed…
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Guide for NRIs Seeking Home Loan in India June 25, 2019 07:21
If you are a Non-Resident Indian (NRI) looking to avail a home loan in India, below given are few things for you to keep in mind while applying. Documents Required for NRI Home Loan 1.…
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Everything You Need to Know About State Bank of India NRI Accounts May 11, 2019 06:40
State Bank of India, the country’s largest lender with over 24,000 branches in India, is widely known for offering banking services to the Non-Resident Indians (NRIs). According to the lender’s website, the bank provides multiple…
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Now NRIs Can Open Account in IDBI Bank Without Submitting Paper Documents April 17, 2019 04:09
The Non-resident Indians, living in nearly 40 countries, can now be able to open an account in IDBI Bank without submitting paper documents, the lender said on Tuesday.IDBI (Industrial Development Bank of India) has launched…
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NRIs Can Soon Be Able to Invest in Indian Government Securities April 05, 2019 05:15
The Reserve Bank of India, while announcing the first monetary policy for the financial year 2019-20, made its intentions clear to open up Indian government securities (G-Sec) market for Non-Resident Indians. That is to say,…
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Quick Guide to Open Resident Foreign Currency Account for Returning NRI December 31, 2018 04:47
A returning Non-Resident Indian (NRI) would have assets and bank accounts abroad, as well as income generated from these assets would be in a foreign currency. According to the report, a returning NRI has the…
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NRI Taxpayers Can File Returns Manually for Nil/Lower TDS Certificate December 27, 2018 06:45
The resident and Non-Resident Indian (NRI) taxpayers waiting to apply for deduction of taxes at a lower or nil rate on total income are now allowed for the manual filing of a form, according to…
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Types of Bank Accounts for Non Resident Indians September 30, 2013 07:00
There is a great deal of confusion about the NRE, NRO and FCNR bank accounts for NRIs and the differences, comparison etc. Here is a quick guide: Non Resident External (NRE) Account Source of funds:…
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Inheritance, Gifting Rules in India and US September 30, 2013 06:44
What happens when you inherit money or property or are gifted the same? Read below to learn more about the rules for inheritance and gifting in India and the USA. US Rules on Inheritance and…
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