NRE Current Account
NRIs (individuals/entities of Bangladesh/Pakistan nationality/ownership require prior approval of RBI).
NRO Current Account
NRE Current Account
Account can be held jointly by a Non-Resident Indian (persons of Indian nationality or origin) / with a Resident Indian (Former or Survivor basis). A Resident Indian can operate the account only as a Mandate / POA holder. The Resident Indian must be a close relative as defined in Section 6 of the Companies act, 1956.
NRO Current Account
Account can be held jointly by a Non-Resident Indian (persons of Indian nationality or origin) / with a Resident Indian.
NRE Current Account
Indian Rupees (INR)
NRO Current Account
Indian Rupees (INR
NRE Current Account
Freely Repatriable
NRO Current Account
Principal upto USD 1 Million. Subject to FEMA 2000 guidelines from time to time.
NRE Current Account
Not applicable
NRO Current Account
Not applicable
NRE Current Account
Available
NRO Current Account
Available
NRE Current Account
Funds in NRE Account are exempted from income tax in India
NRO Current Account
Funds in NRO Account are taxable under Indian Income Tax Act
NRE Current Account
NRO Current Account
NRE Current Account
NRO Current Account
NRE Current Account
NRO Current Account