BEFORE YOU OPEN AN NRE OR NRO BANK ACCOUNT, WATCH THIS || TIPS FOR NRIs

Описание к видео BEFORE YOU OPEN AN NRE OR NRO BANK ACCOUNT, WATCH THIS || TIPS FOR NRIs

#ritwikbanerjee #NrevsNro #nri

This video talks about NRE VS NRO Bank Accounts in India and I have discussed the differences between the two and benefits of each one of them in detail.

NRE or Non Resident External Rupees bank account is to hold and maintain one's foreign currency in Indian rupees.

NRO or Non Resident Ordinary bank account is for them who has to deposit their earnings or savings in Indian rupees. E.g. Rental Incomes or business.

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P.S. This Video is strictly for my Indian Audience. The Rest of you can still enjoy other videos from my playlist.

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