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Common Myths About NRI Home Loan

According to the UN (United Nations) estimate, nearly 16 million Indians reside outside India in different parts of the world. Indians who live overseas are referred to as NRIs or Non-Resident Indians. Many NRIs stay in touch with their…

What are the benefits of FCNR accounts?

As per the FEMA (Foreign Exchange Management Act) guidelines issued by the Reserve Bank of India (RBI), a Non-Resident Indian (NRI) can hold three types of accounts - NRE accounts, NRO accounts and FCNR(B) accounts. The benefits of FCNR…