Common Frequently Asked Questions

An NRE accounts help NRIs to deposit their foreign deposits into Indian banks, and an FCNR accounts allow NRIs to deposit in various currencies.

Here are some of the Indian banks that are best for an NRE account: HDFC Bank, ICICI Bank, Kotak Bank, Yes Bank, Axis Bank, DBS Bank, SBI Bank, Federal Bank, and Bank of Baroda.

No, you cannot deposit your Indian currency funds into your NRE account directly because it allows the transfer of foreign funds generated from outside India.

NRE accounts abroad have several limitations to consider, including limited investments, Withdrawal restrictions, no domestic transactions, and the risk of currency fluctuations when transferring funds. Additionally, you cannot close your NRE savings account before converting it into a Resident Indian account.

To open an NRE account, you need to wait for 5-10 business days for the processing of your NRE account.

You can keep money in your account as long as you want it. There is no such expiry date for non-resident Indians' NRE accounts.

The minimum balance you will need for a Non-Resident External (NRE) savings account is approximately 10,000 to 25,000 INR.

To apply for an NRI account first, you need to gather all the required documents for the KYC. After that, your documents will be further processed for attestation and verification. After submitting your application, you can apply for an NRE account at your preferred bank. Your account will be activated within 5-10 days.

You need to submit a PAN card, a Passport, a Foreign address proof, a residency certificate, a Tax residency certificate, Poof of repatriation funds, a passport-size photo, and a Proof of non-residency certificate for an NRE account.

Yes, you are eligible to open an NRE account if you are a non-resident of Indian, an Overseas Citizen of India (OCI), or a Person of Indian origin.

Here are some of the NRE account benefits that you must know, then you can have an easy transfer of funds, can use it as a savings account, have income tax exemption, can earn interest with an NRE savings account, access online banking and ATMs, and transfer NRE savings account money tax-free in India.

An NRE account is an account used by a non-resident Indian to deposit Indian rupees of their foreign currency earnings. It can be used as a currency exchange and to manage investments and expenses in India.

To get a marriage certificate apostille in the UK, like the birth certificate, you need to submit your marriage certificate to the Foreign, Commonwealth and Development Office (FCDO). It is the legal authority in the United Kingdom that provides the apostille stamp to the documents issued in the country.

You can get a birth certificate apostille in the UK through the Foreign, Commonwealth and Development Office (FCDO). It is the official authority in the UK that permits an apostille certificate for UK-issued documents.

If your birth certificate is issued by any country other than Indian, then yes, you need to get your birth certificate apostilled before applying for an OCI card in the United Kingdom.

To get an apostilled birth certificate in the UK, you need to submit your original birth certificate to the Foreign, Commonwealth and Development Office (FCDO) either online using their official website, by sending the documents by post, or in person. Once the FCDO verifies your birth certificate within the given processing time, you will get your apostille certificate.

Yes, you can get your birth certificate apostilled online in the UK using the Foreign, Commonwealth and Development Office (FCDO) website. Additionally, you can also apply to have your birth certificate apostilled online using the apostilled service of Visament in the UK.

To get your marriage certificate apostilled for OCI card in the UK, you need to apply online on the website of the Foreign, Commonwealth & Development Office (FCDO). In the United Kingdom, they have the authority to provide the apostille stamp on UK documents.

If you are applying for the OCI card on the basis of your Indian spouse or OCI cardholder, and your marriage certificate is issued by a foreign authority, then yes, you need to apply for an apostille stamp for marriage certificate before applying for the OCI card.

Being an overseas citizen of India, if you have a birth certificate from any foreign country, then in this case, yes, you need to have an apostilled birth certificate for OCI card. It serves as proof that your birth certificate was issued by a reliable foreign authority where you were born and can be used for your OCI application.