BANK ACCOUNT OPTIONS FOR NRIs – NRE, NRO and FCNR
NRIs have a lot of options with regards to opening a bank account in India. NRIs/OCIs can open the following types of accounts in the Indian banks: Rupee Accounts: Non-Resident (Ordinary) Account – NRO. Non-Resident (External) Rupee Account – NRE. Foreign Currency Accounts: Non-Resident (Foreign Currency) Account – FCNR Here is an infographic showing the […]