Understanding NRE and NRO Accounts: A Simple Guide for NRIs
If you’re an NRI (Non-Resident Indian), understanding the difference between NRE and NRO accounts is crucial for managing your finances efficiently in India. Let’s begin. What is an NRE Account? NRE (Non-Resident External) Account is designed to hold your foreign earnings in India. It is maintained in Indian Rupees, and both the principal and interest […]
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