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NRE or NRO account ?


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Posted

Which account should i open to transfer amount to India ? Which bank provides good service ?

please share me some light on it. 

Posted
2 minutes ago, sureshkonda said:

atlane account lo minimum balance avasaram leni banks kooda cheppandi

ICICI lo min balance 10K INR anta 

Posted
2 minutes ago, SardarGabbarSingh said:

ICICI lo min balance 10K INR anta 

hdfc kooda anthe anta. 

Posted
Just now, sureshkonda said:

hdfc kooda anthe anta. 

Manam e account open cheste better NRE or NRO ?

Posted
16 minutes ago, SardarGabbarSingh said:

Which account should i open to transfer amount to India ? Which bank provides good service ?

please share me some light on it. 

basically when you open NRI account with any bank, your savings account will be converted to NRO (Offshore) account, and the new account created is NRE (External) account. NRE is for converting dollarlu to rupayalu (tax free on interest earned)...and NRO is for any earnings in india. 

i opened sbi account recently it is good

Posted
3 minutes ago, SardarGabbarSingh said:

Manam e account open cheste better NRE or NRO ?

rendu open cheyyi. nre aithe non taxable, nro ki 30% tax kattali for any accumulated interests.  nre lo Indian currency deposit cheyyalem only possible in nro account

Posted
8 minutes ago, mmharshaa said:

basically when you open NRI account with any bank, your savings account will be converted to NRO (Offshore) account, and the new account created is NRE (External) account. NRE is for converting dollarlu to rupayalu (tax free on interest earned)...and NRO is for any earnings in india. 

i opened sbi account recently it is good

US nunchi open etla cheyyali account ?

Posted
8 minutes ago, sureshkonda said:

US nunchi open etla cheyyali account ?

reach out to customer care and they will provide documents to be filled. Avi fill chesi you need to mail it to India....

PS: SBI customer care is the worst i have seen, HDFC has good customer care

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