Banking
NRE, NRO & FCNR accounts, transfers, TDS, and managing your finances in India from abroad.
NRI bank accounts — which one do you actually need?
A scenario-driven quick reference for picking between NRE, NRO and FCNR(B) accounts based on what you're trying to do with your Indian money — earning abroad and parking in India, collecting Indian rent or pension, holding foreign currency without exchange risk, managing investments, or receiving inheritance. Side-by-side comparison plus links to deeper mechanics.
Remitting Indian pension abroad — banking mechanics for NRI pensioners, 2026
The banking-side workflow for an NRI pensioner getting their Indian pension from the NRO account to their overseas bank: the simplified documentation for current- income remittance (the RBI 2002 circular that waives the CA certificate for non-taxpayers), monthly sweep vs batch remittance, how pension credits interact with the USD 1 million per FY NRO ceiling, Form 15CA simplified route, the FX-rate choice, auto-sweep facilities some banks offer, and the life-certificate / KYC interactions that keep the pension flowing in the first place.
TDS for NRIs — a quick 2026 reference for banking customers
A concise overview of TDS as it affects NRIs at their Indian banks in 2026 — the headline Section 195 rates on NRO interest, bonds, and securities; where TDS certificates (Form 16A) come from and how to verify them on the Income Tax e-Filing portal via Form 26AS and the Annual Information Statement; how to reconcile bank-deducted TDS against what the department has on record; and how to raise a TDS correction when the bank and portal disagree.
Transferring money abroad from India — the Form 15CA and 15CB mechanics
The current Rule 37BB framework for outward remittances from India — when Form 15CA is needed, when Form 15CB from a CA is also needed, the 33-item specified list that needs neither, the four parts of Form 15CA, and the practical workflow on the income-tax portal.
Sending money to India safely — the current remittance landscape
How NRIs actually move money to India in 2026 — the bank apps, the fintech challengers, the regulated RDA and MTSS rails, how to compare the true cost, and what recourse exists through the RBI Integrated Ombudsman when a transfer goes wrong.
What happens to NRI bank accounts when you return to India?
How NRE, NRO and FCNR accounts must be handled when an NRI returns to India permanently — the RNOR tax window, redesignation to resident accounts, the role of the RFC account, how interest is taxed on each, and the right sequence to protect your foreign-currency position.
NRI bank accounts in India — NRE, NRO and FCNR explained
What NRE, NRO and FCNR(B) accounts are, who can open them, how each is taxed and repatriated, the USD 1 million annual limit on NRO repatriation, joint-holding rules, and how to choose the right account for foreign-earned income versus Indian-source income.
Is your money safe in Indian banks?
How safe bank deposits are in India — what DICGC covers, the 5-lakh per-depositor-per-bank limit, the 90-day payout rule, how NRE / NRO / FCNR accounts are treated, how it compares with the US, UK and Canada, and practical steps to protect larger balances.
Foreign exchange rules in India — what residents and NRIs need to know
Current foreign-exchange rules for Indian residents and NRIs under FEMA and the Liberalised Remittance Scheme — the USD 250,000 annual limit, TCS on remittances, travel and medical forex, EEFC / RFC / RFC(D) accounts, cash-carry rules, and what's changed since 2004.
Choosing an NRI bank — what actually matters
How NRIs should pick a bank for NRE, NRO and FCNR accounts — the digital and remittance-cost factors that now matter more than interest rates, video-KYC onboarding, cross-border services, DICGC limits, and the FATCA/CRS reporting every Indian bank now does.
Sending money out of India — the rules for NRIs and residents
How to remit money from India abroad under current rules — NRE/FCNR free repatriation, the USD 1 million NRO window for NRIs, the USD 250,000 LRS cap for residents with TCS implications, Form A2 / 15CA / 15CB mechanics, and the destination and purpose restrictions.
TDS on NRI income in India — rates, mechanics, and how to pay less
A current guide to Tax Deducted at Source on NRI income — the 30%+ Section 195 rates on interest and rent, Budget-2024 capital-gains changes, DTAA relief via TRC and Form 10F, lower-deduction certificates under Section 197, Form 15CA/15CB for repatriation, and how to claim refunds.
Liberalised Remittance Scheme (LRS) — Sending Money Abroad from India
How the Reserve Bank of India's Liberalised Remittance Scheme works for resident Indians sending money abroad — the USD 250,000 annual limit, permissible and prohibited purposes, the post-2023 Tax Collected at Source (TCS) regime, the international credit card carve-out, GIFT City IFSC treatment, and the documents and process at the bank.
Transferring Funds from NRO to NRE Account — The Two-Day Process
How NRIs transfer funds from an NRO account to an NRE account under the RBI's USD 1 million per financial year framework — the Form 15CA and Form 15CB process on the Income Tax e-filing portal, the CA's role, the bank documents, why NRE balance matters for easy repatriation, and why the transfer can realistically be completed within two days.