NRE Fixed Deposits
NRE or Non-Resident External Rupee Account is maintained by non-resident Indian (NRI) in Indian Rupees.
This account is meant for foreign exchange earned outside India and transferred to India. Interest earned is tax-free. They are freely repatriable (money can be transferred without any restriction)
Jitendra P.S.Solanki, Investment Adviser & CFP
Note : You are requested to reconfirm the rates from the respective institutions before making any financial commitments.
Fixed Deposit by Banks
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