Category: Personal Finance
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Understanding the Basics of Money Transfers: A Guide for NRIs
For many NRIs (Non-Resident Indians), transferring money abroad is a common necessity. Whether you’re sending money to family back home, paying for overseas services, or making international purchases, understanding how the whole process works is crucial. But let’s be honest — some of the jargon can be a bit confusing. So, let’s break things down…
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Understanding UTR Numbers: A Guide for NRIs
If you’ve ever sent money to India or managed an NRE/NRO account, you’ve likely come across the term “UTR number.” But what does it mean, and why is it important? For NRIs, understanding UTR (Unique Transaction Reference) numbers is crucial for keeping track of your financial transactions. Let’s break it down in simple terms. What…
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How to Hire a Personal Finance Advisor When Returning Back to India
Moving back to India after years of living abroad can be an exciting yet challenging experience—especially when it comes to managing your finances. From navigating tax laws to making investment decisions, figuring out how to handle your wealth in India can feel overwhelming. This is where a personal finance advisor comes in handy. The right…
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Can an NRI Who Just Moved Back to India Buy Land in India?
If you’re an NRI who’s recently moved back to India, you might be wondering about your ability to buy land here. Whether you’re looking to invest in property or build your dream home, understanding the rules is crucial. Thankfully, India allows NRIs to buy certain types of property, but there are some restrictions you should…
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How to Get a Personal Loan with No Credit History When You Recently Moved Back to India
One of the most frustrating calls I get in our community is this: “Mani, I had an 800 credit score in the US. Here in India, they’re treating me like I don’t exist.” It’s a real problem. You’ve spent years building financial credibility abroad. But when you land in India, your CIBIL score is either…
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How to Grow Your Credit Score After Moving to India as an NRI
So, you’ve just moved back to India after years of building an enviable credit score in the USA. You had the perfect blend of credit cards, maybe a house or car loan, and you were probably getting approval for almost anything just by blinking at the bank. But now you’re back, starting fresh, and suddenly,…
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Best Ways to Send Large Amounts of Money from USA to India
So, you’re planning to send a hefty sum from the USA to India? Maybe you’re buying a house, supporting family, or investing in a business. Whatever the reason, you need to ensure your money gets there safely, quickly, and cost-effectively. Having been through this process myself, here’s what I’ve learned about the best ways to…
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How to Transfer Money to India from the USA through SBI
If you’re wondering how to transfer money to India from the USA using the State Bank of India (SBI), you’re in the right place. Let’s dive into the process, step-by-step, to make it as smooth as possible. This guide is packed with everything you need to know, making it easy for you to send money…
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SBI Branches in USA – Everything an NRI Needs to Know
When it comes to banking, especially for Non-Resident Indians (NRIs), finding the right bank that offers convenience, reliability, and comprehensive services is crucial. The State Bank of India (SBI), one of India’s largest and most trusted banks, extends its services across the globe, including several branches in the USA. Here’s everything an NRI needs to…
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What is an NRI Account? Complete Guide
What is an NRI Account? Here’s a Handy Guide for the NRI.