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Can Non-Resident Indians (NRIs) invest in Public Provident Fund (PPF)?
Yes, Non-Resident Indians (NRIs) are not eligible to invest in the Public Provident Fund (PPF) as per the current regulations.
What is the objectives of foreign banks?
these banks are existing to provide financial assistance to poor NRIs
What are NRI deposits?
To attract money, government/RBI allows NRIs to deposit funds in Indian Banks, usually, at a lucrative interest rate. They can be of various forms viz - short term, long term etc like domestic savings accounts and Fixed Deposit accounts. This at the same time serves for the domestic credit needs of Indian Economy.NRI deposits are entirely repatriable (meaning, NRIs can pull out deposits whenever they wish to). NRIs are tempted to invest in India because of the high deposit rates in India (Most of the developed countries in which they live offer low, even close to zero, interest rates on deposits).Their Possible Impacts on economy/banking system can be -a. They can also lead to exchange rate destabilizes. When currency starts depreciating they can also start fleeing as this would give them higher returns due to favorable exchange rate to them. This can further affect exchange rate as their volume can be significant (at present they are worth around $50 billion, as of May 2012)b. Secondly, they constitute almost 10% of net worth of Indian Banking System. This much of exposure is significant for health of domestic banks also.c. Maturity of Short Term NRI deposits in current situation, when Rupee is weak, may further put depreciatory pressure on Rupee.Different popular Banks like Axis, IDBI, SBI and NBFCs like Bajaj Finserv are offering high interest rate on NRI deposits.
What are the eligibility criteria for NRI personal loans?
The eligibility criteria for NRI personal loans typically include having a valid passport, a minimum age requirement, a stable source of income, and a good credit history. Additionally, some lenders may require NRIs to have a local co-applicant or collateral for the loan.
Canara bank NRI banking-valanchery?
Canara Bank offers a range of NRI banking services at its Valanchery branch, designed to cater to the financial needs of Non-Resident Indians. These services typically include NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts, foreign currency accounts, and various investment options. The bank also provides online banking facilities, making it easier for NRIs to manage their finances from abroad. For specific details, it's best to contact the branch directly or visit their official website.
Can Non-Resident Indians (NRIs) invest in Public Provident Fund (PPF)?
Yes, Non-Resident Indians (NRIs) are not eligible to invest in the Public Provident Fund (PPF) as per the current regulations.
Are there any real estate facilities for NRIs?
Not sure about the rest but Eden Group has certain special offers and special facilities for NRIs. The website has all the details.
Can NRIs or Foreign Nationals become Directors in a Private Limited Company?
Yes, Foreign Nations or NRIs can become Directors of a Private Limited Company in India, but at least one Director should be an Indian Resident
What is the objectives of foreign banks?
these banks are existing to provide financial assistance to poor NRIs
When was Lise Bourdin born?
Lise Bourdin was born on November 30, 1925, in Nris-les-Bains, Allier, France.
Why excellent minds of your country are leaving India?
They study using our taxes..they go become NRIs. This is a junk junta which India is not bothered. We need strong leaders with a vision India.
Which is the richest district in kerala?
Kannur, due to the money from NRIs and business men, is the richest district in Kerala.
How NRI can apply for namdan for resitting?
Non-Resident Indians (NRIs) can apply for a re-sitting of their exams by following the specific procedures set by their respective educational institutions or examination boards. Typically, they need to fill out a re-examination application form, provide necessary documentation, and pay any applicable fees. It's essential for NRIs to check the deadlines and any specific requirements outlined by the institution. They can usually find this information on the official website or by contacting the examination office directly.
What are the best services provided by Jaaydaad.com?
They provide a gamut of consultancy services like Legal Consultancy, Valuation & Validation Services, FDI, Joint Ventures & MoU consultancy to NRIs, Manpower Management in real estate
What is ao type of rishra for pan card?
Pan card for nris , foreign company in just 10 days at their foreign postal address!!NRI'S AND FOREIGN COMPANIES OUTSIDE INDIA CAN GET THEIR PAN CARDS IN JUST 10 DAYS AT THEIR FOREIGN POSTAL ADDRESS!!
What are NRI deposits?
To attract money, government/RBI allows NRIs to deposit funds in Indian Banks, usually, at a lucrative interest rate. They can be of various forms viz - short term, long term etc like domestic savings accounts and Fixed Deposit accounts. This at the same time serves for the domestic credit needs of Indian Economy.NRI deposits are entirely repatriable (meaning, NRIs can pull out deposits whenever they wish to). NRIs are tempted to invest in India because of the high deposit rates in India (Most of the developed countries in which they live offer low, even close to zero, interest rates on deposits).Their Possible Impacts on economy/banking system can be -a. They can also lead to exchange rate destabilizes. When currency starts depreciating they can also start fleeing as this would give them higher returns due to favorable exchange rate to them. This can further affect exchange rate as their volume can be significant (at present they are worth around $50 billion, as of May 2012)b. Secondly, they constitute almost 10% of net worth of Indian Banking System. This much of exposure is significant for health of domestic banks also.c. Maturity of Short Term NRI deposits in current situation, when Rupee is weak, may further put depreciatory pressure on Rupee.Different popular Banks like Axis, IDBI, SBI and NBFCs like Bajaj Finserv are offering high interest rate on NRI deposits.
Charged Property tax and sales tax?
BeyondWalls provides post-sale assistance like legal advisory, home loan partners, and interior solutions—making it a 360° platform for buyers. You don’t just find a property; you get support at every stage, including site visits and construction updates. It’s ideal for first-time buyers, investors, and even NRIs looking for peace of mind while buying remotely.
