| NRIs returning home are permitted by the RBI to hold | | | | NRI’s planning to return to India with the intention of |
| bank accounts abroad and bank accounts in India. All | | | | permanently settling down here. All their existing |
| the rules and regulations of FEMA, as are applicable to | | | | repatriable accounts can be transferred to RFC |
| the person resident in India would be applicable to an | | | | (Resident Foreign Currency) accounts denominated in |
| NRI except that he will continue to enjoy various | | | | any one / or more than one foreign currencies - USD, |
| facilities such as maintaining his foreign securities, | | | | GBP, Euro, JPY, CAD and AUD. He/she may shift |
| currency, properties situated abroad or maintaining and | | | | other movable assets which include jewellery, motor |
| operating Resident Foreign Currency (FRC) Account in | | | | car, personal household articles, personal computers, |
| India. | | | | cell phones and other gadgets. |
| NRIs returning to India for permanent stay are | | | | NRI Investment in India is allowed to the extent that an |
| permitted to open hold and maintain a RFC account in | | | | NRI can use his/her own funds to acquire immovable |
| India to keep their: | | | | property or avail of home loan from bank for this |
| Foreign currency assets acquired, owned and held | | | | purpose. Banks and financial companies in India provide |
| outside India | | | | several financial and investment services like investing |
| Gift or inheritance from a person resident outside India, | | | | through the Mutual Fund route, hiring their portfolio |
| and | | | | investment services and others to meet their varied |
| Foreign exchange received as pension or any other | | | | investment objectives. NRIs can acquire residential/ |
| superannuation or other monetary benefits from his | | | | immovable property in India, rent it out, transfer or sell it. |
| employer outside India. | | | | For transferring money to India they can avail of |
| An NRI can well have an insight on the opportunities | | | | efficient Money Exchange Service Providers with |
| for NRIs in India . There are various avenues where, as | | | | 24x7 Customer Support helping them to send money |
| an NRI Relocating to India you can invest your money. | | | | to India directly into any bank account within no time. |
| Banks in India offer remunerative deposit schemes for | | | | |