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NRI

An NRI, or a Non-Resident Indian, is a person who is of Indian birth, descent or origin but who resides or lives outside India. NRIs are also known as PIOs (Persons of Indian Origin). From a taxation point of view, as per Section 6 of the Income Tax Act, 1961, a non-resident is anyone who hasn’t stayed in the country for a specific period of time. There are specialised bank accounts such as Non-Resident External (NRE) Account and A Non-Resident Ordinary (NRO) Account for NRIs.
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Digital banking | onlinebankaccount.inChoose the best bank for your needs. Compare and open savings account instantly. Click here
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E-Wallets v/s Net-BankingThe recent rise of demonetization of the higher currency notes by the Indian Government has created quite an upheaval in the overall financial system of the country.
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Current Account or Savings AccountIt is possible for an average individual to confuse between savings and current accounts, here we will aim to clear those confusions and doubts..
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