Username
Password
 
 
 
   
NRI Guidelines
     
  Home Loan Procedure
     
  Who can invest
     
  Purchase/Sale of Property
     
  Rental Income
     
  NRI Banking
     
 
 
 
NRIs/OCBs (Overseas Corporate Bodies) can open the following types of accounts with banks in India, which hold authorized dealer licenses, as also other banks, specifically authorized by the Reserve Bank to maintain accounts in the names of NRIs/OCBs.
   
  Rupee Accounts
     
   
  • Non-Resident (Ordinary) Account - NRO A/c.
  • Non-Resident (External) Rupee Account - NRE A/c.
   
  Foreign Currency Accounts
   
  Non-Resident (Foreign Currency) Account - FCNR A/c
(in Pounds, Sterling, US Dollars, Japanese Yen and Euro).
   
 
A person, resident in India, who is earning foreign exchange, is also permitted to maintain a Foreign Currency account in India with an authorized dealer bank, to the extent of 50% of such foreign exchange earnings, under the Exchange Earners Foreign Currency Account (EEFC) Scheme.
   
 
 
 
    Home | About Us | Careers | Enquiry | Site Map | Contact Us  
  © Copyright 2009, all rights reserved with Supreme Universal