Bangalore: You want to invest in India being an NRI. You wish to transfer money to India or want to transfer your income in India to some other country, but you are not sure of the way for it. Then you need an NRI account with a bank in India. Being an NRI, you are also eligible to maintain bank accounts in India, invest in securities, shares and deposits with India firms. You can also invest in immovable properties in India. But don’t be in a fix on which account to choose. Here is a primer to help you to figure it out well.

Types of NRI Accounts

- Ordinary Non-Resident Accounts in Rupees [NRO]

- Non-Resident (External) Accounts in Rupees [NR(E)]

- Foreign Currency (Non-Resident) Account (Bank) Scheme [FCNR(B)]