What Are The Best NRI Saving Accounts?

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What Are The Best NRI Savings Accounts?

What are the best savings accounts for NRIs and OCIs... Thanks

Answer:

There are two accounts for NRIs. One is NRE Account. Deposits to this account can be made only by foreign...

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Other solutions

Has my son status has been changed from RI to NRI?

My son had got job in Dubai. He proceeded there in middle of June 2011. Uptill now he had completed more than 182 days in a foreign country. Has his status has been changed from RI to NRI? He is coming on vacation for 10 days. What he should do to be...

Answer:

According to income tax act sec 6 there 2 basic conditions 1. The person should be more than 182 days...

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I am an NRI. Should I convert all my Indian bank accounts to NRI accounts ?

I am an NRI with some bank accounts in India and some properties with mortgages in India. Do I need to change their status ?

Answer:

Not needed unless you are not returning to your home country. There is a limit on the number of days...

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Saving Accounts and Saving Bonds?

I got a good refund this year from my taxes and plan on opening a saving account for my LO and would like to buy her 2-3 saving bonds. My questions are: Which bank would be a good place to have a saving account? (We live in the western suburbs of Chicago...

Answer:

Check around your area and do your research. Find out which banks offer savings accounts for minors...

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Saving Accounts and Saving Bonds?

I got a good refund this year from my taxes and plan on opening a saving account for my LO and would like to buy her 2-3 saving bonds. My questions are: Which bank would be a good place to have a saving account? (We live in the western suburbs of Chicago...

Answer:

Savings bonds would only earn $25 over that time frame You'd be much better off with savings accounts...

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Which saving accounts is better, American Express or Chase?

Hello, i want to open a saving account with American Express or Chase but I just can't make up my mind. I have a American Express credit card and a Chase credit card. How is the savings with either account? So far I have one checking account with Bank...

Answer:

CHASE! Its alot better, they actually help

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Zero Balance Saving and Current Accounts (Indian Banks)?

There are few banks in India offering a Zero balance accounts in there banks for saving accounts and now I also heard that ICICI bank is offering a FREE ZERO BALANCE CURRENT ROAMING ACCOUNT as i am not sure what is this and how to go for it and to whome...

Answer:

You may enquire directly from ICICI Bank directly regarding 'FREE ZERO BALANCE CURRENT ROAMING ACCOUNT...

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Whats impact on the interest I receive on my Regular saving account for a NRI?

Im an NRI staying in USA. I have a regular saving account in India, ICICI (not NRE or NRO or anything like that). I regularly move my savings from US to my ICICI account through M2india. Mostly used for family maintanance. I do receive interest on this...

Answer:

if u are depositing money in NRE account, the interest if not taxable. but if you are earning interest...

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Check saving's accounts online?

hi, i need to check my savings accounts online, and am wondering if this is possible? i know you can check your current account and debit accounts online, but can you check your savings accounts online? my savings are with nationwide and the post office...

Answer:

Yes. Just go to the bank's Web site and sign up for online access to your account.

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Is it possible to convert INR to NRI Accounts?

I had some money in NRI Account in India and now I have lend it someone in India. Its quite a big amount and I would like to conver it back to NRI money. Is that possible?

Answer:

Ya it is possible

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