NRE / NRO /
FCNR Accounts
The right account structure changes everything. Most NRIs hold the wrong mix of accounts — paying unnecessary TDS, missing repatriation opportunities, or keeping money in low-yield instruments. We help you design an optimal NRI banking structure from day one.
Built on a considered shelf.
NRE Account (Non-Resident External)
INR account funded from foreign earnings. Interest is tax-free in India. Fully repatriable. Best for parking foreign income in India.
NRO Account (Non-Resident Ordinary)
INR account for Indian-source income (rent, dividends, pension). Interest taxed at 30%. Repatriation capped at USD 1M/year.
FCNR Account (Foreign Currency NR)
Fixed deposits in foreign currency (USD, GBP, EUR, etc.). No exchange rate risk. Tax-free interest. Fully repatriable.
NRE vs NRO: Which to Use When
We map your income sources, investment goals, and repatriation needs to recommend the optimal split between account types.
Joint Account Structuring
NRE/NRO accounts can be held jointly with resident Indians — we advise on the right structure for family wealth management.
Account Opening Assistance
End-to-end KYC coordination with leading banks for NRE/NRO/FCNR account opening — without you needing to visit India.
The questions clients
actually ask.
- Can I convert my existing savings account to NRO?
- Yes. Once you become an NRI, your resident savings account must be redesignated as an NRO account. We help manage this transition.
- Is NRE interest really tax-free?
- Yes — NRE account interest is fully exempt from Indian income tax under Section 10(4) of the Income Tax Act, as long as you maintain NRI status.
- What is the repatriation limit from NRO?
- You can repatriate up to USD 1 million per financial year from NRO accounts after paying applicable taxes and submitting Form 15CA/15CB.
Talk to a senior advisor.
A 45-minute consultation, written assessment, no obligations.