InvestorQ : I am an NRI. How do I know which account to open- NRE or NRO?
Shobit Khurana made post

I am an NRI. How do I know which account to open- NRE or NRO?

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Sadaf Khan answered.
2 years ago
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The easiest way to know which account you should open is to know what your requirements are:
- If your income includes some income earned (in the form of home rent, stock dividends, pension, etc) in India and you want to manage it within the country, you can opt for an NRO account.
- If you want to transfer your foreign income to India and want to avoid taxation liabilities, then you should open an NRE account
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