Nro account: How is NRE Account similar to

How is NRE Account similar to NRO Account ? Both NRE and NRO accounts are Indian rupee-denominated accounts . They can be opened as savings or current accounts , depending on your needs. In both accounts , you are required to maintain an average monthly balance of Rs. 75,000. Additionally, both account types allow NRIs to manage their finances in India securely and provide easy access to banking services like deposits, withdrawals, internet banking, and fund transfers within India. Discover the benefits and features of NRO accounts with our comprehensive guide. Learn how NRO accounts enable NRIs to effortlessly manage finances in India. An NRO account is a bank account for NRIs who have income source in India. Learn how to open an NRO account , what transactions you can do, and how it differs from an NRE account . An NRO account is a type of current or savings account that is held by NRIs in India to manage the income that is earned in India. Know its benefits, eligibility, etc.