Difference between NRE and NRO Account | NRE Account | NRO Account
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- Опубликовано: 7 авг 2024
- Watch this comparision video to understand Difference between NRE and NRO Account, what exactly is NRE and NRO account also the similarities of NRE and NRO Account.
NRE and NRO accounts are savings or current accounts used by Non-Resident Indians (NRIs). Both allow for funds to be transferred from abroad and offer competitive interest rates. Additionally, both can provide access to foreign currency deposits and make domestic transactions in India. While both NRE and NRO Accounts offer several benefits to NRIs, it is important to understand their differences before deciding which one best suits your needs.
Read the difference between NRE and NRO Account: bit.ly/46pliO6
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This video covers:
00:00 Introduction
1:19 What is NRE Account
2:44 What is NRO Account
4:07 Similarities of NRE and NRO Accounts
4:32 Difference between NRE and NRO
5:13 Summary of the Video
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Bhot acha explain Kiya h......❤
First time i watch this video and it looks like a news chennal is playing in font of me. By the way great knowledge 👌
Best explanation ever 🎉
Yes thank you ma'am
Keep up the Good work
Nice information 👌👌👌
Sister aap ne bohot achha bataya ek laakh ka NRE account me kitna biyah milega yeh nahi bataya yeh jaanna hai. RUclips me video nahi hai.
Thank you mam 😌
Nice information
Awesome
Very good
Namaste 🙏
In which account is better for online transaction for indian normal account
Hello, It was very useful information. My question - Is it ok to have a joint NRI or an individual account considering tax (capital gains) implications on future transactions, if someone has properties on individual names separately? I mean is it ok to have a joint NRI account and file individual tax returns whenever transactions take place individually? Please clarify. Thanks.
What type of investments can we do using NRE account? Can the Capital gain and dividends from stocks be credited to an NRE account?
Nice and informative thank you 😊
Thank you for your feedback!
Madam, if property is sold and its share to be given to citizen of usa, which account nri or NRO to be open
very informative video in less time
Thank you for your feedback!
What account should I open to transfer shares and income from my inheritance? I am a NRI with no income in India.
Which account is better if I need money in the USA and my parents can send through that account. Also, vice versa, that I want to send them money?
if someone govt employ on deputation to outside india and getting payment in doller and having NRE account, and having salary account in sbi too, then can he trasfer money from his NRE acccount to salary account of SBI?. if yes then is it will be under taxation?
Hey, I moved to London a few months back for ~3 years. I think opening an NRE account is more suitable for me as I need to continue holding my saving-funds in a bank, and I can transfer money from my NRE account to my parents' account, especially, as it's tax-free.
However, I also need to transfer money from the UK to India due to higher interest rates there.
Should I open both accounts?
Great explanation in detail. Don’t forget to watch the video at 5:44 for a pro tip.
Very well 👍 explanation
Thank you for your feedback!
hi,
Can i transfer my NRE account money to my local saving account ???
An european citizen who are not indian origin can open NRE account or not???? Please @5paisa reply my answer.
Can we withdraw cash from NRO account if yes what changes we have to pay.
Can my US Boss Directly transfer money to my NRE account? Is their any Implications?
Can i deposit money from my domestic account to my sons nre account
Nre account se fixed deposit prematurely withdrawal karne se kitna charge lagta he
bich bich me kuch hard english terms hai jaise repetriate (2:33) ? jo kee google par bhi samajhna difficult ho rahai hai ?
Repatriate means us Paisa ko wapas foreign account me transfer krna. NRE account me yearly limitation nai hai. But NRO ACCOUNT me limitations hai. Ek limited amount hi wapas apne foreign account me yearly basis par transfer kr skte hai
What if you make investment from NRE account in India, for example MF and earn income on that? Is it still tax free?
Mera nre account hai or dusra account nhi mere pas kuch jma pese india me rkhe hue h to indian rupees me ro kiya me us indian rupees ko nre account me jma krwa skta hu dusra ye k nre account ka atm h to me india jauga to kuch khridne k liye pemant krne k liye india me use kr skuga
Thanks for the explanation,
Dear, is it possible to transfer fund from NRE to saving account(relative non relative) or Onley NRE to NRO is possible?
Thanks,
NRE TO ANY OTHER BANK YOU CAN TRANSFER
I did not get one thing , why does nre account is better than nro for investment purpose
video and explaining speed is very fast plz make slow and hindi title videos so that if some one making notes from different and your videos.... can make his/her notes properly.
Bhar se paisa hum india me nro account se bhej sakhte hai na ??
Can we open both NRE/NRO accounts? Also, please do make a proper video of Indian MF houses that accept investment from Canada/US?
Hello Biswadeep, we appreciate your suggestion for creating a video showcasing Indian mutual fund houses that accept investments from Canada/US. We value customer input, and we will take your request into consideration as we continue to improve our services.
Please note that while we do not offer NRE/NRO accounts at this time, we are constantly evaluating our offerings and may introduce new services in the future.
Indian mothafk houses 😌
Informative video but it's been 5 years I have left India and using my savings account and same demat accounts ? Why FEMA haven't took any action on my accounts ?
How do you transfer funds to Indian saving accounts from outside? Is there a way without NRE account?
Just a little point, capital gains in NRE account is tax free in India but you will have to pay tax in your resident country depending on the tax slabs there.
So in NRE account any income made from investments in India from NRE account is still tax free?
Can transfer money from NRE AC to Savings Ac in India
No , transfer can be done only to NRE and NRO ACCOUNT
Ok
If I change my savings account in India to NRE or NRO account, will the old account number change?
Please share with us your complete query at support@5paisa.com. Our team will get in touch with you for assistance.
Thank you madam for such a informative video. I beame an NRI this year....I have two question.
1. If I get my foreign income to my NRO account, do I need to pay tax on it ??
2. My income originating in INDIA from FDs....and I earn 1.5 lakh rupees yearly as interest from FDs.....what about tax deductions for this ??
Please explain
What does repatriate mean ?
Repatriate means us Paisa ko wapas foreign account me transfer krna. NRE account me yearly limitation nai hai. But NRO ACCOUNT me limitations hai. Ek limited amount hi wapas apne foreign account me yearly basis par transfer kr skte hai
Can we open both NRE and NRO ACCOUNT
Yes
Mahadev Har
Can my
Can amount be transferred from NRO account to saving bank accounts of resident Indian Relative.
Please share with us your complete query at support@5paisa.com. Our team will get in touch with you for assistance.
Madam how to contact with you through WhatsApp or phone call to discuss some important point about NRE Account FD.
I have NRO Account and want to transfer my money to my wife saving Account is it possible,.
Hey do we need to pay tax on the income deposited to NRO ac ?
@@deepak05mnnit yes 30%
Yes, it's easily possible and this is the purpose of NRO account.
NRO to NRE not possible?
Not possible
It's not possible but with Phonepe money transferred ..I don't know how !
NRI OR NRE same kya woh batao pehle
L
10 lakh dollar se zyada ki nobat bhi ni aane waali🤣🤣
Hindi me video bana rahe ho or "repatriate" jaise bhari bhakkam words use kar rahe ho.
Please add Hindi to the title of the video. It's annoying to see English content, English title image and the content in a regional language.
Learn the national language 😂
@@4kherox68 it's not the national language man
I am southindian from karnataka..by your name, it seems you are from TN, see first of all try to respect our national language hindi, it's in your blood of tamils to disrespect and protest against hindi...no one asked here to watch the video...
@@Be_happy3010
- India does not have a national language.
- This comment is about the user experience. The box label and the content inside should match. This no way insults any language.
Even if you see in abroad which connects half of Asia is Hindi only including south indian people