Not many NRIs (Non-resident Indians) knows that, from May 2012, NRI can transfer fund from the NRO account to NRE account in India . Earlier this was not the case though you can transfer funds from NRE to an NRO account, the rev…
One of the common questions among new NRIs or Indians who just went abroad is whether they can deposit rupees in an NRO account or not? The short answer to this question is YES, you can deposit INR or Indian rupees into an NRO …
![Can I Repatriate (Transfer) Money from NRO Account to Overseas? [Answered]](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhTH1kFN54DXWJblxtCOE9FdSD_11fp95jlbWhYZR-RY5mQIqLTpjZeg8fY5sieEZIn_JZ1JMb3kNDk2jM-223KD9n8SkqiabuvV-OB8IDP2-49ljdo0gnFCXc2NMJtSKN4Ax6LZyGd28M/s320/NRE+and+NRO+Saving+Account+for+NRI.jpg)
This is one of the most common questions from my NRI friends who are earning rental income or business income in India. Yes, you can repatriate money from an NRO account unless it doesn't exceed USD 1 million per calendar yea…