NRI Guides

Complete Guide to National Pension System (NPS) for NRIs

National Pension System (NPS) is a voluntary, defined contribution retirement savings scheme. The NPS has been designed to enable systematic savings during the subscriber’s working life. It is an attempt towards finding a sustainable solution to provide adequate retirement income to every citizen of India. Since October 2015, Non-resident Indians have been allowed to open …

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Guide: How to add a joint holder to a NRE/NRO account

Non-resident Indians are allowed to open Non-Resident (External) and Non-Resident (Ordinary) accounts, as well as FCNR deposits with banks. The repatriation rules for each of these is different. While NRE accounts are freely repatriable, NRO account are conditionally so. When opening an NRE account, the NRI can add a non-resident joint holder to the account. …

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Depositing 500, 1000 Rupee notes to NRI bank account : Common Questions

Most NRI’s prefer to keep small amounts of Indian currency to meet their immediate expenses when they arrive in India. For the convenience of storage it is natural that these will be higher denominations like 500 and 1000 rupee notes, which unfortunately are no longer considered legal tender by Indian Government. However there is no need …

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Choosing the right school for children : 10 Tips for NRI parents

Though there are many reputed Indian schools in all Gulf countries, there are lot of factors a parent should consider while searching for the ideal school for children. The school should not only offer quality education but should also ensure the all-round personality development by encouraging the children to participate actively in various extracurricular activities. Needless to …

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