NRIs, PIOs and OCIs are battling to swap junked currency after demonetization. Now, Reserve Bank of India (RBI) has given a new lease to them. The date to swap outdated currency has been extended upto 30th June, 2017. By showing their valid identity & source proofs along with the letter/form of authority, they can easily exchange the defunct notes at any branch of RBI.
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How NRIs, OCIs Can Exchange Currency Notes of Rs. 500 & 1000?
Currency Notes of Rupees 500 & 1000 ‘Banned’!
Non-residents of India (NRIs), Person of Indian Origin (PIO) and Overseas Citizen of India (OCI) must be at unrest these days. The sudden declamation from PM Narendra Modi interprets that denomination of INR 500 and INR 1000 would no more be a legal tender since 9th November, 2016.
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What NRIs Should Do to Bank A/c after Resettling in India?
Are NRIs permitted to hold their assets abroad?
Many questions echo in the core of Non Residents of India (NRIs). Some of the questions are-“If I would be able to hold my foreign assets? ; What will happen to my foreign accounts? ; Should I close them all?” and many more….
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How NRIs Can Repatriate Pension to the US from India?
Repatriation of Pension in the US
Repatriation of pension amount stands for returning the annuity. The US is hugely populated with Indian diaspora. India terms them as NRIs. Many of these have spent their life in government jobs. And later after retirement, they settled in the US with their children.
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How to Get Address Proof for Certificate Attestation of Emigrants?
Be it birth certificate, death certificate, school certificate, passport, visa and other immigration papers, address proof is a mandatory. Dreams of prospective emigrants can’t be true until they have authentic proof of residency. All in all, this credential is vital.
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Tips to Get Nativity Certificate for OCIs & PIOs
Overseas Citizens of India (OCIs) and Persons of Indian Origin (PIOs) are individuals whose father or forefathers migrated to foreign country before 26th January 1950. Some emigrants (except Pakistan and Bangladesh) want to acquire Indian citizenship. Its prominent reasons can be attaining education, career and resettlement.
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How to Choose a Bank for NRI Investment?
An investor always loves to choose the bank that offers more rate of interest on deposits. It implies higher interest rate always attracts more investors. Non-residents of India (NRIs) are no bar from such intensions.
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