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Chalanachithram.com DB » TF Industry related » Archive through October 25, 2011 » SBI NRE vs NRO account details « Previous Next »

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Entikaburlu
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Username: Entikaburlu

Post Number: 2327
Registered: 07-2011
Posted From: 67.247.83.224

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Posted on Friday, October 21, 2011 - 05:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

naku teleeka adugutanu, rendoo tessukovachu kadaa. Same process. I got both at the same time.
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Gotcha
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Username: Gotcha

Post Number: 8475
Registered: 02-2008
Posted From: 98.227.187.240

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Posted on Friday, October 21, 2011 - 09:01 am:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Abu lo NRE account open cheyali ante ela? Any online process?
This real estate is for sale.
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Basky_indya
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Username: Basky_indya

Post Number: 28629
Registered: 10-2007
Posted From: 24.127.230.2

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Posted on Thursday, October 20, 2011 - 10:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Kurrokurru:

Thanks Basky....also savings account type ayithe money ni fixed laaga pettala or manaku istam vachinappudu draw chesukovacha..




savings ki asalu intrest ekkuva raadhu. fixed is also very high liuid.

eppudu kavalante appudu teeeyocchu dep on need. tiyyakunte, fixed continue authuuntey int keeps growing kadha
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Basky_indya
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Username: Basky_indya

Post Number: 28628
Registered: 10-2007
Posted From: 24.127.230.2

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Posted on Thursday, October 20, 2011 - 10:09 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Kurrokurru:

idhi instant transfer aa or remittance laaga time taking aaa




nre is premium service. so various optiond undocchu.

wire, power transfer, instant etc etc
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Basky_indya
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Username: Basky_indya

Post Number: 28627
Registered: 10-2007
Posted From: 24.127.230.2

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Posted on Thursday, October 20, 2011 - 10:08 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gatti_gunde:

annai correst ga plan sesukunte enni years lo desam nundi jump kotteyochu


5 years. maaanchi fulltime kummmuko. gc chesina cheyyakunna, benche ilantivi lekunda

full 5 yrs kummesio jump kottochu. min 3 yrs , max 5 yrs pettuko if u want to jump
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Kurrokurru
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Username: Kurrokurru

Post Number: 655
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:27 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

Yes nree ninchi local sbi ki cheyochuu mee vooru branch ki




idhi instant transfer aa or remittance laaga time taking aaa

inka emaina tips lantivi cheppu mama...on phone open cheyocha ee account ..or online lo request chesukovaala...
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Kurrokurru
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Username: Kurrokurru

Post Number: 654
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:25 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

Yes nree ninchi local sbi ki cheyochuu mee vooru branch ki

reverse feed cheyyakevu as nree account Loki
inputs foriegn account mathrame cheyyagalthav

nro Tdds is same like Indian 30percbt on intrest gained. Not principal amt
but since ur local income is less u don't fall under big tax




Thanks Basky....also savings account type ayithe money ni fixed laaga pettala or manaku istam vachinappudu draw chesukovacha..
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Gatti_gunde
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Username: Gatti_gunde

Post Number: 2791
Registered: 02-2010
Posted From: 76.97.208.33

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Posted on Thursday, October 20, 2011 - 09:22 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:


annai correst ga plan sesukunte enni years lo desam nundi jump kotteyochu
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Basky_indya
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Username: Basky_indya

Post Number: 28626
Registered: 10-2007
Posted From: 166.137.10.84

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Posted on Thursday, October 20, 2011 - 09:20 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Yes nree ninchi local sbi ki cheyochuu mee vooru branch ki

reverse feed cheyyakevu as nree account Loki
inputs foriegn account mathrame cheyyagalthav

nro Tdds is same like Indian 30percbt on intrest gained. Not principal amt
but since ur local income is less u don't fall under big tax
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Kurrokurru
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Username: Kurrokurru

Post Number: 652
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:17 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Ntr_rocks:

For your purposes NRO is better....

NRO aithe meeru money dollars and rupees lo veyachu but withdraw rupees lone...

mee use kuda India ki vellinapudu kabatti NRO is the best..




NRO enduku best thammudu ( taxable kada) and i don't deposit the money in rupees only in dollars from here...

ippudu cheppu edhi advantage...and are there any special issues to open a NRE account..
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Kurrokurru
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Username: Kurrokurru

Post Number: 651
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:15 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Basky_indya:

nro is flexible but taxable tds




tax entha untundi yearly...

ATM kakkunda Bank ki velli amount draw chesukonte NRE best aaaa...

online dvara NRE to local SBI acct ki transfer cheyacha
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Basky_indya
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Username: Basky_indya

Post Number: 28625
Registered: 10-2007
Posted From: 166.137.10.84

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Posted on Thursday, October 20, 2011 - 09:12 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Nroo nree. Both get intrest

aithey ala local ATM withdraw cheylevu nree ki

nro is flexible but taxable tds
kRUshITHO nAsthee dURbhikSHAM!!
JP_ROCKS: ...der unte enchakka andarni giant wheel ekkistadu..girrr mani oogachu..
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Ntr_rocks
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Username: Ntr_rocks

Post Number: 26178
Registered: 04-2009

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Posted on Thursday, October 20, 2011 - 09:12 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

For your purposes NRO is better....

NRO aithe meeru money dollars and rupees lo veyachu but withdraw rupees lone...

mee use kuda India ki vellinapudu kabatti NRO is the best..
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Kurrokurru
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Username: Kurrokurru

Post Number: 650
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:11 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

naa NRE account nundi online lo local SBI account(Maa parents account) ki transfer cheyacha...

basky.. nuvvu rangam loki digi doubts clear cheyyalsinde
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Kurrokurru
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Username: Kurrokurru

Post Number: 649
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:05 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Basky bro ....NRE savings open chesthe intrest kuda vastunda ...India ki vellinappudu just like any other account, ATM lo draw chesukovacha money ee type of account nundi...
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Kurrokurru
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Username: Kurrokurru

Post Number: 648
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 09:01 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gatti_gunde:

cult kurr annai

http://www.chalanachithram.com/discus/messages/125/150266.ht ml





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Kurrokurru
Junior Artist
Username: Kurrokurru

Post Number: 647
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 08:58 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Gatti_gunde:

appatlo basky annai NRE account annadu




Avuna gatti thammi.. ayithe Basky vaste melu ee thed lo ki


Repatriability - ante meaning ento bodhapadaledu :-)
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Gatti_gunde
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Username: Gatti_gunde

Post Number: 2790
Registered: 02-2010
Posted From: 76.97.208.33

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Posted on Thursday, October 20, 2011 - 08:56 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)


Kurrokurru:


cult kurr annai

http://www.chalanachithram.com/discus/messages/125/150266.ht ml

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Gatti_gunde
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Username: Gatti_gunde

Post Number: 2789
Registered: 02-2010
Posted From: 76.97.208.33

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Posted on Thursday, October 20, 2011 - 08:55 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

appatlo basky annai NRE account annadu
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Kurrokurru
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Username: Kurrokurru

Post Number: 646
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 08:52 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

kinda details prakaram edhi best antaru...my purpose is to send some of the saving s from here to that account and use that by with drawing that money when ever i go to india....
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Kurrokurru
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Username: Kurrokurru

Post Number: 645
Registered: 01-2008
Posted From: 74.69.41.125

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Posted on Thursday, October 20, 2011 - 08:50 pm:   Insert Quote Edit PostDelete PostPrint Post   Move Post (Moderator/Admin Only)Ban Poster IP (Moderator/Admin only)

Accounts

Purpose of account
Currency
Minimum Balance
Type of account
Investment Term
Joint Holding
Repatriability of Principal
Repatriability of Interest

NRE
To park overseas savings remitted to India after converting to Rupees
Rupees
Rs. 1,000
Savings, Current, TDR ,STDR
Min: 1 Year
Max: 5 Years
Only with NRIs
Freely Repatriable
Freely Repatriable
Interest income tax free in India


NRO
To park overseas savings remitted to India after converting to Rupees and Indian earnings
Rupees
Rs. 1,000
Savings, Current, TDR, STDR
Min: 7 Days
Max: 10 Years
Both with Resident and NRIs
Up to USD 1 million (Conditional)
Freely Repatriable subject to deduction of tax
Interest income is taxed as per India Income Tax Rules. Reduced tax under Double Tax Avoidance Agreement

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