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About NRI?
 

The acronym NRI just means NON RESIDENT INDIAN for most but for us NRI has an Inherent appeal in itself which means 

                NURTURE   your   ROOTS in   INDIA 

We know and understand that the unparalleled Bond, the Sense of Belonging and the affections you share with your MOTHER is just the same with the MOTHER LAND That is INDIA. 

                                                     ENRICH HER  

We as a BANKER, assure you of  

                 Good returns on your Investment

                 Repatriation of Funds

                 Interest Exemption from IT Rules

                 Loan Facility

                 Internet Banking 

All this and more, they accompany with a VISA to Unmatched Security of Funds and Dependability.

WHO IS AN NON-RESIDENT INDIAN [NRI]

A Non Resident Indian (NRI) as per FEMA 1999 is an Indian citizen or Foreign National of Indian Origin resident outside India for purposes of employment, carrying on business or vocation in circumstances as would indicate an intention to stay outside India for an indefinite period. An individual will also be considered NRI if his stay in India is less than 182 days during the preceding financial year.


A Person of Indian origin (PIO) is a citizen of any country other than Pakistan, Bangladesh or Sri Lanka

Who

v       At any time held an Indian Passport,

v      He or any of his parents or grand parents was a citizen of India, is a spouse of an Indian Citizen  or a person referred to above.

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