• Who is an NRI?
  • An NRI is an Indian citizen who stays outside India.
    • For purposes of carrying out employment or any business or vocation.
    • Under circumstances indicating an intention to stay outside India for an uncertain duration.

    Any Indian citizen deputed outside India for a temporary period in connection with employment.

  • Who is a PIO?
  • What type of saving bank account(s) can be opened by an NRI or PIO in India?
  • What is a NRE account?
  • What is a NRO account?
  • Can money be transferred from NRE account to NRO account?
  • Can money be transferred from NRO account to NRE account?
  • What is the status of NRO/NRE accounts on the return of the account holder to India?
  • In case a resident Indian becomes a non-resident, will he/she be required to change the status of his/her holding from Resident to Non-Resident?
  • Can NRIs invest in shares, debentures and units of Mutual Funds in India?