Its All About Money are a collection of articles with advice on the best ways to manage and grow your money!
Importance of Diversifying Your Portfolio
9, June, 2015
Benefits of Using Your PIN at POS
Introduction to Sensex & Nifty
Types of NRI Bank Accounts
An NRE account can be opened by any person who is residing outside India. NRIs having NRE account in India are permitted to hold and maintain foreign currency earnings in Indian rupees. All the funds, along with the accrued interest, are freely repatriable; moreover the interest earned is not taxable in India. A NRE account can be easily converted in to a regular resident account with the relocation of the NRI back to India.
This account is structured in manner that is suitable for most of the people living abroad; be they a student studying abroad, a professional deputed oversees or an entrepreneur trotting around the globe doing business. Submitting a few couple of documents at best is all you need to get started.
With features that include low minimum balance requirement, tax advisory services, multicity cheque books and online transaction capabilities you can be rest assured that the NRE Savings account will take care of all your banking needs.
In the event of the NRI returning from overseas on a permanent basis the NRE Savings Accounts has to be redesignated as resident accounts or the funds held in these accounts may be transferred to RFC accounts if the account holder is eligible for maintaining RFC account .
Nomination can be in favour of resident or non-resident.
21, May, 2014
28, October, 2013
Service Tax component increased to 14% from June 1, 2015. This is levied on all banking charges.
1st June, 2015
RBI present India's Monetary Heritage to the Public
14th November, 2014
Apply online for Home Loans & get special offer
20th February, 2012
Important Notice for Deposits
22nd May, 2015
Now instantly set a Credit Card PIN of your choice
4th February, 2015
RBI present India's Monetary Heritage to Public
14th November, 2014
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