The document outlines various investment options for NRIs, comparing real estate assets with financial assets and detailing different types of financial accounts (NRE, NRO, FCNR). It discusses interest rates, investment timelines, and the legal considerations for NRIs, emphasizing the ease of managing financial assets online. Additionally, it provides information on what happens to these accounts upon resettlement in India.

2. 1 • Investment options
2. • Real-Estate Asset Vs Financial Asset
3.
• Financial Assets
4. • Channel of banking
5. • Comparison between NRE,NRO, FCNR a/c
6. • Account conversion
7. • Interest rates

3. Real-Estate
Asset Financial
Asset

4. Real-Estate Asset: Financial Asset:
Popular NRI investment scheme Not-so-popular for NRI investment
Lots of legalities to be followed Free of legalities
Possession & maintenance require physical
presence
Online facility eases possession and maintenance
of financial transactions and docs
Time and effort consuming Online finance handling takes just few minutes
May invite black money investment No black money investment
Long-term investment Long, short, and medium investment plans

5.  For a week, month or few days:
 Bank Fixed Deposits, liquid
 Ultra Short Term Funds
 For 1 to 3 years investment:
 Short Term Debt Funds
 For 4 to 7 years investment:
 Combination of Debt and Equity Funds
(With higher debt portion)
 For 8 to 14 years investment:
 Combination of Debt and Equity Funds
(With higher Equity)
 For 15 or more years’ investment:
 Equity Funds

6. Total NRI
deposits
growth
NRE NRO FCNR

7. SR. No. Points NRE A/c NRO A/C FCNR A/C
1. Time to open a/c After winning NRI status
After or before winning
NRI status After winning NRI status
2. Can have joint a/c?
Yes, but only with close
relatives
Yes Yes, but only with close
relatives
3. Currency nature in saving a/c Indian rupee Indian rupee Foreign currency
4. Can open current or savings a/c? Yes Yes
No
5. Can have Fixed a/c Yes Yes
Yes
6. Aim
Can park saving earned
abroad in INR
Can park income earned
from Indian asset
Can keep Fixed Deposit
for 5 years
7. Income from India Can’t be kept Can be kept Can’t be kept
8. Repatriation Yes
Income from deposits can
be repatriated only. Yes
9.
Transferability of funds to any normal
Indian bank a/c Yes Yes No
10. Income Tax on deposit’s interest No Yes No

8. What will happen to NRE, NRO & FNR a/c after
resettlement in India?
•All get converted into resident account

9. On fixed deposit
for 5 years:
NRE: 8.50%
NRO: 8.50%
FCNR: NA
On saving a/c
earning:
NRE: 4.00%
NRO: 4.00%
FCNR: NA
InterestRates
InterestRates

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