What is an NRO Account  An account which is opened under the Non-Resident Ordinary Rupee Account Scheme in India is called as NRO Account.   It can be opened by anyone who is not resident in India. Hence, foreign nationals can also open an NRO Account. It can open by individuals as well as entities. Individuals...Read More

What is an NRE Account An account which is opened under the Non-Resident (External) Rupee Account Scheme in India is called as NRE Account.   It can be opened by Non Resident Indians (NRIs) or Persons of Indian Origin (PIO). A NRI is an Indian citizen who is resident outside India. A PIO is a person...Read More