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There is no limit on repatriation of NRE (Non-Resident External) deposits, meaning you can freely transfer the funds back to your home country. However, there are certain guidelines and procedures that need to be followed as per RBI regulations.

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1y ago

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What is the difference between NRI and NRE?

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.


How can I initiate an NRE to NRE transfer?

To initiate an NRE to NRE transfer, you can typically use online banking services provided by your bank. Log in to your account, select the option for international transfers, enter the recipient's NRE account details, and follow the instructions to complete the transfer. Make sure to have the necessary funds available in your account to cover the transfer amount.


What happens to deposits when a bank fails?

When a bank fails, deposits are typically protected up to a certain limit by the government through deposit insurance. If the bank is unable to return the deposits, the government steps in to ensure that depositors are reimbursed up to the insured limit.


Nri account in hdfc bank?

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


What is the difference between NRE and NRO accounts?

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.


What is the difference between an NRE and NRO account?

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.


What is antiquities repatriation?

Antiquities repatriation is the act of returning an antique back to its country of origin.


When was Concord Repatriation General Hospital created?

Concord Repatriation General Hospital was created in 1942.


How can you check your nre account balance at union bank of India?

i am now open nre account how is it i will check my balance online


What are the release dates for Repatriation - 2001?

Repatriation - 2001 was released on: USA: 21 May 2001 (limited)


Can you open a NRE account from US to India?

yes


What does nre mean?

"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.