NRI - stands for Non Resident Indian and
NRE - stands for Non Resident External
They are both two different types of bank accounts that are available for Indians who are employed abroad. The services are available from almost every major bank in India and they help the customers to save money and to transfer funds in foreign currency from abroad to India.
dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account
yes...it iz!
Yes, an NRI or Foreign National can be a Partner after obtaining a DPIN. At least, one of the partners has to be a resident Indian citizen.
Laxminivas Mittal, the CEO of Arcelor Mittal
NRI Remittances are money transfer back to India as done by Non-Resident Indians living abroad (i.e. outside India). These remittances are sometimes called workers remittances or home remittances.
NRE and NRO are similar with few differences. NRE -> foreign currency deposits only. Only Rupee withdrawals. NRO -> forign currency and rupee deposits. Only rupee withdrawals. NRE-> Any NRI can open an account NRO-> Resident can open . or NRI and resident together can open the account. NRE -> Not Taxed NRO->Taxed. NRE -> Can transfer from NRE to NRO account NRO -> Cannot transfer from NRO to NRE account.
dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account
Well, To be honest, I had many NRI Accounts in different banks. but the service and rates were not so good, then my friend suggest SBM Bank, But still, I was thought this bank also like that. but I was wrong now, it's been a couple of years since I open an NRE account in SBM Bank, Trust me they provide a good service to their customers, as well as their rate of interest, is also good. if you are looking to open an NRE Account in Bank then I highly recommend you SBM Bank. I hope this anser will be beneficial for you. Good Luck Visit : sbmbank. co.in
what is nri deposits
Nri is considered the cradle of Igbo civilization, where the Igbo people believe their origin and culture began. The Nri kingdom played a significant role in the development of Igbo society, religion, and governance. Aguleri, on the other hand, is a community in present-day Anambra State, Nigeria, with its own historical and cultural significance within the Igbo region.
"NRE" typically stands for "New Relationship Energy." It refers to the intensely positive and energizing feelings experienced at the beginning of a new romantic relationship.
Nri stands for non resident indian
Kingdom of Nri ended in 1911.
Kingdom of Nri was created in 948.
Cyril Nri was born in 1961, in Nigeria.
The difference between an NRE and NRO account is that with an NRE account, you can't transfer money any way other than remittance from abroad. With NRO accounts, money is freely transferable.
The difference between an NRE and NRO account is that with an NRE account, you can't transfer money any way other than remittance from abroad. With NRO accounts, money is freely transferable.