Tag: NRI banking tips nriway

Smart ways to manage foreign currency into Indian Bank for NRI


Non-Resident Indians people are those who live more than 182 days in abroad for a year. NRI should take smart decisions to manage their money earned from foreign country. A NRI may face some difficulties while maintaining their bank accounts while involving in transactions. Such transaction may relate to buying or selling a property in India, investments plans in financial schemes etc. Other scenarios may include funds transfer, repatriation, mutual funds investments, home loan transfer, fixed deposits and more.

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