Author Nick: ShashankBhaskar
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You might know of some advantages that non-resident Indians or NRIs receive through NRI Accounts. You should be aware of them to handle your income and investments effectively. This guide includes all the information you need if you recently moved abroad, have lived abroad for a while, or are an NRI who wishes to invest […]
Are you set to study at a world-recognised university or take up your dream job at a reputed MNC? Then, relocating overseas would be on the cards. While you are excited to relocate abroad and fulfil your dreams, you should handle some obligations before moving. Opening an NRI Account should be at the top of […]
Nowadays, people understand the significance of investing. They understand the gravity of building wealth through investments. But despite this realisation, many shy away from embarking upon their investment journey. Even experienced investors worry about having insufficient market knowledge. Hence, banks provide their customers with specific Wealth Management facilities. These are investment advisory services that combine […]
The banking system has wholly revolutionised, thanks to the internet. It is possible to do most of the banking transactions online. There is no need to visit bank branches for jobs like passbook updating, balance checking, opening Fixed Deposits, etc. Online Banking has become a convenient way to access banking services and reliable means of […]
The Indian government introduced the Foreign Exchange Management Act or FEMA in 1999. With the act, the government attempts to exercise control over the flow of foreign currency in India and curb black money practices. Every non-resident Indian needs to know the FEMA rules to stay away from the Reserve Bank of India’s radar. Following […]
When you move overseas, you need to undergo various formalities. Apart from lifestyle changes, you also need to swap your banking ways. This includes converting your regular Savings Account into a Non-Resident Indian Savings Account. Doing so is mandatory if you wish to continue using your previous account. An NRI Savings Account is a Rupee […]
One of the simple and wholesome financial services banks offer is Wealth Management. It can refer to any aspect of a person’s economic life. Rather than integrating advice and services from multiple professionals, high-net-worth individuals may benefit more from an integrated strategy. A wealth manager implements it to coordinate the services required to manage the […]
A woman’s life is filled with countless milestones. One of them is marriage. After this important event, she has several responsibilities to fulfil. She has to move to a new family, give up her maiden name, and serve the role of a partner. But while doing so, she needs to also comply with the formalities […]
Life is full of surprises. You prepare for them physically, emotionally, mentally, and financially. While finances are necessary to tackle the toughest times, you must plan the expenses well to avoid debt. Worries are a part of life, and so are their solutions. Thankfully, you have banks and financial institutions to lend monetary support. It […]
If you plan to travel abroad, you need to prepare several things. Finance forms the most prominent part of it. International borders make it tricky to deal with physical funds. They also impact fund transfers. This is because currency conversion takes place before sending money overseas. If you want to estimate the transfer cost, you […]