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What is a NRE and NRO bank account?

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NRE account stands for Non-Resident External account. It is an NRI bank account type designed to manage foreign income. NRO account stands for Non-Resident Ordinary account. It is an NRI bank account to manage income generated in India.

To know key differences between NRE and NRO, refer to NRE vs NRO.

Topic: NRI Bank Account Feedback

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Find more questions on this topic

  1. Can an NRI open a bank account?
  2. Can I open an NRO account with an NRE account?
  3. Can an NRE account be converted to NRO?
  4. Can an NRE account be opened online?
  5. Can an NRE account hold foreign currency?
  6. Can an NRE account invest in mutual funds?
  7. Can an NRE account receive money from India?
  8. How to open NRE account?
  9. How to open an NRO bank account in India?
  10. Can I open an NRO account without an NRE account?
  11. Can NRO account be linked to demat?
  12. Can NRO account be opened online?
  13. Can an NRO account be used for trading?
  14. Can NRO account receive money from abroad?
  15. Can NRO account receive money from India?
  16. Can NRO account send money abroad?
  17. How does an NRO account work?
  18. What does NRO account mean?
  19. What is NRO bank account?
  20. What is NRO PIS account?
  21. Who is eligible for an NRE account?
  22. How to open an NRO account?
  23. Where NRI can invest in India?
  24. Who is eligible for an NRI account?
  25. What documents are required for an NRI account?
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