How does NRI benefit from the FCNR account?

What are the different factors that an NRI should consider before opening an FCNR account? FCNR accounts allow NRIs to invest foreign currency in India. Know everything from the type of deposit & minimum deposit to the tenure of maturing & the interest rates.
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VIDEO HIGHLIGHTS
0:41 FCNR Account: An Overview
1:38 Nominations & Joint Applications for FCNR Accounts
2:32 How are FCNR Accounts different from NRE & NRO Accounts

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