Punjabi national bank and foreigner investment?
-
I've heard that a foreigner can open an account with the bank of Punjabi and get 9.8% in a long term investment. Has anyone done this as a foreigner? Can you withdraw your ruppee investment back into USA or euro dollars in my home country? Are investment such as these guaranteed in India? could i lose my money?
-
Answer:
If you have NRE account, then you can take the money back. You can open account with any bank in India and all the investments are 100% safe. For NRI accounts NRO, NRE and FCNR, read http://mytaxes.in/index.php?topic=150.0
Marky1 at Yahoo! Answers Visit the source
Related Q & A:
- How I can live and work in Prague in Czech Republic? and czech study school for foreigner?Best solution by Yahoo! Answers
- Who is the founder of Punjab national bank?Best solution by Yahoo! Answers
- What is the USA national bank?Best solution by Yahoo! Answers
- How useful is American Law School for a foreigner with no plans to practice in the US?Best solution by Quora
- Can a foreigner start a business in the USA?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.