Category: Personal Finance
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Can NRIs invest in SIP?
Investing in SIPs (Systematic Investment Plans) is a great way for Non-Resident Indians (NRIs) to increase their wealth over time. SIPs are an efficient and easy way to save money and build a nest egg for the future. With a SIP, NRIs can invest a fixed amount of money regularly over a period of time,…
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How can NRIs invest in Mutual Funds?
If you are a non-resident alien (NRI), it might be time to start investing in mutual funds from the United States (or your country of residence). The Foreign Investor Opportunity Act of 2008 makes it easier for foreign investors to purchase publicly traded mutual funds in the US, and several other Factors such as the…
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Best Health Insurance for Returning NRIs in India
So, you’re planning to return to India, or maybe you’ve already moved back, and now you’re looking for health insurance to ensure you and your family are covered. Navigating the health insurance market can be tricky, especially if you’re not familiar with the current options and policies available in India. Thankfully, there are several insurance…
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Personal Loan for NRIs – Complete Guide
NRI’s (Non-Resident Indians) may find it difficult to get personal loans in India for a variety of reasons. The main reason is that banks in India are hesitant to lend money to NRIs due to the additional risks involved. This is because an NRI does not have a permanent residence in India, which makes it…
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Axis Bank NRE Account – How to Apply Online
Starting a new account with Axis Bank is a simple process. The following steps provide guidance on how to start an NRE account with the bank: 1. Visit the Axis Bank website or the nearest Axis Bank branch and fill out the online application form for opening an NRE account. 2. Provide the necessary documents…
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How To Open an SBI NRE Account – Full Guide
Opening an NRE account with State Bank of India is a simple process. The first step is to visit the nearest SBI branch and fill out the NRE account opening form. This form will require you to provide your personal information such as your name, address, date of birth, etc. You will also need to…
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Best NRE Savings Accounts for NRIs
If you’re an NRI, you need an NRE account. It’s that simple. An NRE (Non-Resident External) account is how you park your foreign earnings in India. The interest is tax-free. The money is fully repatriable. And it’s the foundation for managing your finances back home. But with so many banks offering NRE accounts, which one…
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ICICI Bank NRE Account Review
An NRE (Non-Resident External) Account is a type of bank account which allows non-resident Indians to deposit their overseas earnings into an Indian bank account. The ICICI NRE Account is a savings account designed specifically for Non-Resident Indians (NRIs) who want to invest their overseas earnings in India. This account offers several features and benefits…
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How to use PayPal in India
PayPal has become one of the most popular payment options for online businesses, but it may not be available in all countries. This article takes a look at how to use PayPal in India and answers any questions you may have about the process. With PayPal, it’s possible to accept payments securely and with ease.…
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Best Medical Insurance in India for Returning NRIs
Three weeks after landing in Bangalore, my wife slipped on wet tiles and fractured her wrist. We rushed to a nearby hospital, and the first question at the reception was: “Insurance card?” We didn’t have one. Our US health insurance had ended. The Indian policy I’d been “meaning to buy” was still sitting in my…