NRE VS NRO: Selecting the Right Bank Account for NRIs - SBNRI
NRE VS NRO: Selecting the Right Bank Account for NRIs - SBNRI
27.3K viewsJun 13, 2023
sbnri.com
NRE vs. NRO Accounts – What’s the Difference? If you're an NRI, choosing the right bank account is crucial! But do you know whether an NRE or NRO account suits your needs? ✅ NRE Account – Best for depositing foreign earnings, tax-free interest, and easy repatriation ✅ NRO Account – Ideal for managing income earned in India, but with TDS on interest and repatriation limits. Understanding these differences can help you make smarter financial decisions! Watch Episode 9 of "Common Banking Interview
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