Services2NRI Assists In NRI Investment Services in India

The non-residents have a ton of investment opportunities in India. But, the lack of sufficient knowledge and the fear of being fooled often make them reluctant. However, the Indian economy is getting stronger by the day, which is a positive sign for those who intend to invest here.

Services2NRI, being an experienced financial consultant, has gained ground in offering assistance in NRI investment services. The radius of our services covers all these non-resident services:

1. Fixed Deposits: The fixed deposits are investments that remain barred from market fluctuations. In other ways, the inflation does not cast impact on their interest rate earned. It means that the investor can enjoy fixed income through their interest for that particular tenure.

Also, the principal amount consistently increases without being a failure.

• NRE FD: This account allows expats to secure high term deposits, wherein the foreign currency converts into rupees. The interest rate varies as per bank. The non-residents can remit their money in an Indian account.
• NRO FD: Like NRE FD account, it is also meant for a term deposit in allows fund transfer into the foreign account. But, the amount in this account is taxable, as its limit is up to $1 million. It can be opened jointly.
• FCNR FD: This account for the term deposit ensures saving foreign currency. The interest earned on this NRI investment is repatriable to the depositor’s country of residence without any restriction. It remains unaffected from the market fluctuation.

2. Mutual Funds: They are the risk-prone investments that are governed under the strict regulations of the Securities Exchange Board of India (SEBI). Being a subject matter of risks, the Indian diaspora often seconds the thought of this investment.

• Equity: It typically refers to the amount of money that is returned to the company by liquidating assets and paying off the debts. The expats with the Indian passport can park their money in it as a long term deposit because it is tax free after one year.
• Debt Funds: Those who want to invest the majority of their corpus in fixed income or fixed interest, the debt funds, such as a money market instrument, corporate bonds, treasury bills and government securities etc., bring the best opportunities.

3. Direct Equity: Investment in the direct equity means investing in stocks of a company. If you have enough knowledge about the National Stock Exchange of India (NSE), it attracts a dozen of opportunities.

For being a part of this investment plan, the NRIs should have:

• An NRE/NRO account solely dedicated to PIS purposes
• A dematerialized account for holding electronic shares
• A SEBI trading account with a registered broker

4. Real Estate/Property: The majority of non-resident community prefers parking their hard-earned money into property. Since it accumulates capital gain through rental income or the sale of the property, the owners seek assistance, or virtual assistance in property management services. Services2NRI supports in these property-based matters:

• Buying/selling assistance
• Encumbrance /Khata/ Patta/ 7/12 Certificate
• Tenant Management/ Vacating Inspection
• Utility Bill Payment
• Property Monitoring

5. Bonds & Convertible Debenture

• PSU Bonds, a short for Public Sector Undertaking bonds, are about lending money to a company on the promise of being repaid with the interest on a specific date. The creditworthiness of the bank determines its interest rate
• Non-Convertible Debenture determines investment in bonds, wherein the interest rate is higher than the convertible debts, but involves less risk. When withdrawing, the bond holder is repaid with cash in full.
• Perpetual Bonds are the bonds with no maturity date to be paid out. But, the issuing company pays the return at the end of a particular tenure. The principal amount cannot be redeemed.

6. Government Securities: These investments are announced to finance day to day governmental operations, military operations and infrastructural development. The Reserve Bank of India (RBI) auctions the T-bills for 3 to 12 months. Unlike any interest rate, they promise a coupon to be redeemed on a discount.

• Fixed Rate Bonds: These bonds ensure a fixed rate of interest on investment.
• Floating Rate Bonds-These bonds offer interest according to the market fluctuations.
• Capital Index Bonds: These bonds allow coupon payment rate, which is adjusted corresponding to the inflation rates.

7. Certificate of Deposits: Unlike FDs, these are a small term investment, which is saleable. The person needs a dematerialized account for its purchase and selling.
8. National Pension Scheme (NPS): It is the best investment plan to save money for retirement. However, the account holder shall be in between 18 years and 60 years of age.

It locks all payments until retirement. If you retire at 60, this scheme allows withdrawal of 40% of the corpus amount. On the other hand, the withdrawal rate would be limited to 20% if you want to get it before 20%. The rest of the amount must be invested in the annuity.

9. Wealth Management: It merges both financial planning and specialized financial services, including personal retail banking, estate planning, legal and tax advice and investment management It aims at conserving and sustaining wealth. Services2NRI deals in these wealth related matters:

• Attending to IT Notice
• Tax Authority Visits
• Arranging Lawyers , Legal Opinion
• Filing IT Returns
• Legalisation, Notarization, Attestation of Documents
• Court Visits

10. Finance Consulting: Mostly, you skip settling the insurance account or its matters at the time of immigration. Services2NRI lets you sort out such challenges that are in the context of insurance and loan, specifically these services:

• Insurance(Life Insurance, Mediclaims Insurance, General Insurance)
• Loan Syndication
• Document Attestation