Nri Banking - Make Banking Quicker, Easier And Simpler

By Author: Vijay K Shetty
Total Articles: 2542
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Non resident Indians can now get the best of banking facilities thanks to major banks opening up many offerings for their NRI customers. Most of the large banks now offer unmatched benefits that take care of more than just their basic banking requirement. These banks believe in constantly innovating and providing best-in-class products and services that make banking quicker, easier and simpler.

Right from opening an account, to investing in India and transferring money to India, NRIs can now avail of most of these offerings from these banks. Some banks even have experts who disperse advice on many investment options, economic planning and other issues.

NRIs can now take advantage of these facilities offered by these banks to explore their banking with India. One of the most important uses of NRI banking is the money transfer option. NRIs prefer to transfer money through these sources as they ensure safety, convenience and quick transfers. Money transfers and remittances are a part of packages that are offered by these banks.

Other options include personal banking options which include account opening. NRIs ...
... can now open the following accounts with banks – savings account, deposit accounts, FCNR deposits, NRO term deposits and NRE term deposits.

Some banks also offer convenience banking facilities such as P.O. Box services, domestic and global debit cards, phone banking facilities and online banking facilities.

Apart from these, banks that support NRI banking also provide home loans to either buy property in India or home improvement loans that help NRIs invest in their homes and increase their resale value.

Banks these days have evolved their services to have NRIs open accounts and carry on with hassle-free banking activities.

Vijay K Shetty.
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