NRI banking explained: How NRE and NRO accounts differ; and which one works better for you
Monday, 25 August 2025 () NRIs have specialized account options in India: NRE for foreign earnings and NRO for Indian income. NRE accounts offer tax-free interest and unlimited repatriation, ideal for parking overseas income. NRO accounts manage income earned in India, but interest is taxable, and repatriation is limited to $1 million annually, making the source of income a key factor in choosing.
Monday, 25 August 2025 ()
