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What is the difference between NRE and NRO accounts?
The difference between an NRE and NRO account is that with an NRE account, you can't transfer money any way other than remittance from abroad. With NRO accounts, money is freely transferable.
What is the full form of NRO?
Non Resident Account.
What are different types of bank accounts present in India?
Demat account NRE A/c NRO A/C FCNR A/c Sb a/c -Savings bank account CC a/c - Cash credit account CA a/c - Current account Salary Account Recurring deposit account Overdue account - OD a/c Fixed deposit account Propreitorship account Partnership account Firm account Company account == ==
What is the difference between NRE and NRO accounts?
The difference between an NRE and NRO account is that with an NRE account, you can't transfer money any way other than remittance from abroad. With NRO accounts, money is freely transferable.
What is the difference between NRI and NRE?
NRI stands for Non-Resident Indian, referring to an Indian citizen living abroad. NRE stands for Non-Resident External account, which is a type of bank account that NRI's can use to keep their funds in foreign currency. NRI is a status, while NRE is a specific type of account for NRIs.
Nri account in hdfc bank?
dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account dear m/s i open the accounts nre & nro accounts i want to know the if i diposit my money on nre can i withdrow my money fron nro account
Is it possible to transfer funds from an NRE account to an NRO account?
Yes, it is possible to transfer funds from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.
Is it possible to transfer money from an NRE account to an NRO account?
Yes, it is possible to transfer money from a Non-Resident External (NRE) account to a Non-Resident Ordinary (NRO) account.
How can I transfer money from my NRE account to my NRO account in HDFC online?
To transfer money from your NRE account to your NRO account in HDFC online, you can use the "Transfer Funds" option in your HDFC online banking portal. Select the option to transfer funds between your NRE and NRO accounts, enter the amount you wish to transfer, and follow the on-screen instructions to complete the transaction.
How can I transfer funds from NRE to NRO account?
To transfer funds from an NRE (Non-Resident External) account to an NRO (Non-Resident Ordinary) account, you can do so through online banking, by visiting your bank branch, or by using a wire transfer. Make sure to follow the necessary procedures and provide the required documentation for the transfer to be completed successfully.
Is it possible to transfer money from a normal savings account to an NRO account?
Yes, it is possible to transfer money from a normal savings account to an NRO account.
What is the full form of NRO?
Non Resident Account.
What is full form of NRO?
non residential overseas account
How can I transfer money from my savings account to my NRO account?
To transfer money from your savings account to your NRO account, you can use online banking, visit your bank in person, or use a mobile banking app to initiate the transfer. Make sure to provide the necessary details such as the account numbers and transfer amount to complete the transaction.
Is pan card required for cash deposit of more than 50000 in nro account?
Not Necessary
