Its All About Money are a collection of articles with advice on the best ways to manage and grow your money!
Instant Money Transfer
27, February, 2014
Tax benefits on different types of Loans
31, January, 2014
Role of a Financial Planner
Axis Bank ISIC Forex Card A boon for students going abroad!
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.
28, October, 2013
17, June, 2013
Sustainable Development and Corporate Social Responsibility Policy'
17th June, 2013
Apply online for Home Loans & get special offer
20th February, 2012
Apply online for Car Loans & get special offer
20th February, 2012
AQB & Cash Charges Revision
3rd April, 2012
Axis Bank revises the Base rate to 10.00%
6th February, 2012
Now transfer funds to Axis Bank accounts using Axi
2nd February, 2012
Check out the questions that are most frequently asked by our customers
View FAQs for...
Get quick access to application forms for any product
Find your nearest
Your recently visited pages: