8 Mutual Funds that accept Investment from Canada\/USA based NRIs<\/a><\/p>\n<\/blockquote>\nNRI Banking:<\/h2>\n
Almost all banks in India have a dedicated team and some banks like SBI have dedicated branches in India and abroad to service NRIs<\/strong>. The NRE and FCNR(B) deposits are something worth exploring for NRIs<\/strong> as the interest received is tax free in India. Also the interest rates offered by banks here on US, Singapore and Hong Kong Dollar are higher than offered by banks in respective countries. The bank loans for NRIs are also good option especially when creating asset in India.<\/strong> <\/p>\n","protected":false},"excerpt":{"rendered":"A brief about NRIs banking in India and the product offering like Saving & current account (NRE & NRO), Fixed Deposit Schemes (NRE, NRO, FCNR) and Loans (Home, Personal, Car, etc) by SBI, ICICI, HDFC Bank, etc<\/p>\n","protected":false},"author":1,"featured_media":11324,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center 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brief about NRIs banking in India and the product offering like Saving & current account (NRE & NRO), Fixed Deposit Schemes (NRE, NRO, FCNR) and Loans (Home, Personal, Car, etc) by SBI, ICICI, HDFC Bank, 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