Key takeaways A Non-PIS account lets NRIs invest in India outside the RBI’s Portfolio Investment Scheme, mainly mutual funds, IPOs, bonds, and shares bought on a non-repatriation basis. You don’t need a PIS account for mutual funds. You do need...
If you have ever sent money from Europe to India and then spent two days chasing your bank with screenshots and WhatsApp forwards trying to prove a transfer happened, you already know what a Transaction Reference Number is. You just...
Why NRO Account Transfers Require Extra Care For NRIs, the Non-Resident Ordinary (NRO) account is the primary account used to receive income earned in India—such as rent, dividends, pensions, or proceeds from asset sales. While operating an NRO account is...
Why Repatriation Knowledge Is Important for NRIs For non-resident Indians, financial planning rarely stops at sending money to India. Over time, funds sent to India may generate income through rent, interest, dividends, or the sale of assets such as property...
Understanding Repatriation in the NRI Context For Non-Resident Indians, managing money across borders is an ongoing process. While funds are often sent to India for family support, investments, or savings, there are situations where NRIs need to move money out...
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