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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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