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NRI BANKING
Oxygen for well being of the economy   ,[object Object],[object Object]
NRI accounts  are maintained by authorised dealers  from RBI.
Types of deposit schemes made available to NRIs  ,[object Object],[object Object],[object Object],All NRIs can open such accounts, with the exception individuals of  Pakistan  and  Bangladesh
Investment avenues for NRI such as immovable property  Bank Deposits Government Bonds Investment in Shares Foreign Direct Investment in India FEMA covers all matters related to :-  Section 2   Describes  Identification of NRI, Foreign Exchange and Foreign Security
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
.
NRE ACCOUNTS NRO ACCOUNTS FNCR ACCOUNTS Years 1-2 yrs 2-3yrs 3-4 yrs 5 yrs Rates 5.30 5.06 5.00 5.00 YEAR 1-2 yrs Rate 3.5 YEAR 5 yrs Rate 5.00
There are many Private Banks & Public Bank in economy which provides various facilities. Some of the banks are:- ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object]
NRE Account - Banks Rates for All banks (Public, Private)   Bank 1yr-2yrs 2yrs-3yrs 3yrs-5yrs 5yrs Allahabad Bank 5.30 5.06 5.01 5.00 Bank of Baroda 5.30 5.06 5.01 5.01 Bank of India 5.30 5.06 5.00 - Canara Bank 5.30 5.06 5.01 - Central Bank of India 5.72 5.52 5.46 - HDFC Bank 5.29 5.06 5.00 - ICICI Bank 5.30 5.06 5.01 - Punjab National Bank 5.30 5.06 5.01 - Standard Chartered Bank 4.30 4.06 4.01 4.01 State Bank of India (SBI) 5.30 5.06 5.01 5.01
[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object]
 

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Nri

  • 2.
  • 3. NRI accounts are maintained by authorised dealers from RBI.
  • 4.
  • 5. Investment avenues for NRI such as immovable property Bank Deposits Government Bonds Investment in Shares Foreign Direct Investment in India FEMA covers all matters related to :- Section 2 Describes Identification of NRI, Foreign Exchange and Foreign Security
  • 6.
  • 7. .
  • 8. NRE ACCOUNTS NRO ACCOUNTS FNCR ACCOUNTS Years 1-2 yrs 2-3yrs 3-4 yrs 5 yrs Rates 5.30 5.06 5.00 5.00 YEAR 1-2 yrs Rate 3.5 YEAR 5 yrs Rate 5.00
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. NRE Account - Banks Rates for All banks (Public, Private) Bank 1yr-2yrs 2yrs-3yrs 3yrs-5yrs 5yrs Allahabad Bank 5.30 5.06 5.01 5.00 Bank of Baroda 5.30 5.06 5.01 5.01 Bank of India 5.30 5.06 5.00 - Canara Bank 5.30 5.06 5.01 - Central Bank of India 5.72 5.52 5.46 - HDFC Bank 5.29 5.06 5.00 - ICICI Bank 5.30 5.06 5.01 - Punjab National Bank 5.30 5.06 5.01 - Standard Chartered Bank 4.30 4.06 4.01 4.01 State Bank of India (SBI) 5.30 5.06 5.01 5.01
  • 15.
  • 16.
  • 17.