How To Send Money From NRO To NRE Account | NRI Money with Alok

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Are you one of the 15.85 million NRIs managing money across borders? Learn the step-by-step process of transferring funds from your NRO to your NRE account in this comprehensive guide.

In this video, you'll discover:
The fundamental differences between NRO and NRE accounts
Why these transfers require special attention
Essential documents needed for smooth transfers
RBI guidelines and compliance requirements
Common reasons why NRIs need this transfer
Key Highlights:

Understanding the $1 million annual transfer limit
Critical tax compliance requirements
Mandatory documentation (Forms 15CA & 15CB)
Real-world scenarios and practical applications

Learn from Alok's decade-long experience in managing NRI investments worth over 300 crores.

0:00 Introduction
00:41 What is an NRO & NRE Account
01:00 Reasons for transferring funds from NRO to NRE Account
01:41 Why is the transfer not easy and simple?
02:50 Required documents

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Disclaimer: This video is for educational purposes only and does not constitute financial or legal advice. Please consult with a professional advisor for your specific situation.