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NRI Deal News

NriDealExpert.Com: A Comprehensive Comparison Site For NRIs And PIOs on Sep-11-2014

Tweet   FOR IMMEDIATE RELEASE   LONDON 11 September 2014. It just got easier for Non Resident Indians (NRIs) and People of Indian Origin (PIOs) to compare and find the best India linked services online. NriDealExpert.com, a first of its kind online service gives users a simple way to quickly compare NRI savings accounts, fixed deposits, home loans, money transfer services and India calling plans to find the best value for their money when availing these services.   Every NRI or PIO avail different products and services to maintain their linkage with India – right from maintaining a NRI Bank…  Continue Reading…

Myths about NRI home loans on Jul-27-2014

Source – Sukanya Kumar, Hindu Business Line, July 27, 2014 Tweet   Let’s clear the air around some of the common misconceptions about home loans for NRIs   There are a number of Indians who have settled abroad for better career opportunities. For them, a property back home usually gives a sense of attachment and security, which is a prime reason for investment in real estate here by NRIs.   But there are many misconceptions associated with borrowing in India for this purpose. Let’s address the more common misconceptions you might have.   Power of Attorney only to blood relatives:…  Continue Reading…

ICICI Bank launches Pro & Premia Savings Accounts for NRIs on May-05-2014

Source – ICICI Bank Press Release Tweet   Mumbai: ICICI Bank, India’s largest private sector bank, announced the launch of two new saving accounts products — NRI Pro and NRI Premia — for NRI customers. With these launches, ICICI Bank now offers three-tiered savings accounts for NRI customers – Regular, Pro and Premia.   The three-tiered offering has been designed with the objective of catering to the unique needs of different categories of NRI customers based on their life stage. While the Regular savings account is the basic product, the NRI Pro and NRI Premia savings accounts have been designed…  Continue Reading…

A Financial Guide for NRIs before Leaving India on Feb-06-2013

Source – SiliconIndia, Wednesday, February 6, 2013 Tweet   Bangalore: “Pardesh Jaake Humme Bhul Na Jaana”, before your friends and family say this and you catch a flight to travel abroad, don’t forget to complete a few tasks in India which will help you save time and lots of paperwork once you become an NRI (Non Resident Indian).   Who is an NRI?   A Non Resident Indian (NRI) as per India’s Foreign Exchange Management Act 1999 (FEMA), is an Indian citizen or Foreign National of Indian Origin, resident outside India for purposes of employment, carrying on business or vocation…  Continue Reading…

NRI banking options to save, remit, invest on Feb-06-2013

Source – Live Mint, Wed, Feb 06 2013. 08:32 PM IST Tweet   Broadly there are three types of accounts that NRIs can open in India—NRE, NRO and FCNR.   Anu Anto, a non-resident Indian (NRI) who works as an information technology professional at Emke Group in Muscat, transfers money to his family in India every month. For this, he uses his non-resident (external) rupee (NRE) account at State Bank of Travancore (SBT) in Thrissur, Kerala. “I opened the account with SBT because it is close to my house and is easier for my family to withdraw money whenever they…  Continue Reading…