Difference between NRE and NRO fixed deposit NRI has two options to invest in Fixed deposit in India NRE fixed deposit and NRO fixed deposit , but you need to be careful whether you choose NRE or NRO fixed deposit as taxat…
If you are an NRI (Non-Resident Indian) then you have access to a unique bank account called NRE (Non-Resident External) account which allows you to keep your money in Indian rupees. This account then further allows you one of …
Recently one of my readers asked me that he wants to invest some money on NRE fixed deposits but confused on whether to go for foreign banks like Citibank, DBS, Standard Chartered, Deutsche Bank or Indian banks like ICICI, Kota…