Nre And Nro Accounts

NRE fixed deposit rates: Deutsche Bank, RBL Bank top with up to 8 percent interest rates on two-year tenor

NRIs have multiple options when it comes to banking needs and products. Experts advise parking surplus funds in NRE fixed deposits for the best outcome.

Investing abroad series: Use NRO account for family expenses and NRE account for investments

Opening an NRE or NRO account helps NRIs in multiple ways. For instance, you can transfer your foreign earnings to India for periodical expenses of dependent family members or for making investments in India.

Know the difference between NRE and NRO account

Many NRIs are often faced with the situation of maintaining a Rupee account in India. There are two options available with NRI interested in opening bank account in India - NRE or NRO account. Read this space to know the difference between these two accounts and know when to choose what account.