A Non-Resident External (NRE) Account is a bank account that an NRI can open in an Indian scheduled bank to deposit their foreign earnings in India. These accounts can be savings accounts, current accounts, recurring deposits, and fixed deposit accounts
source https://www.caclubindia.com/articles/what-is-nre-and-nro-account-47796.asp
source https://www.caclubindia.com/articles/what-is-nre-and-nro-account-47796.asp
Post a Comment
Please drop your feedback, suggestions, query or feedback