InvestorQ : I am an NRI. Which account should I deposit my money in? An NRE account or an NRO account?
Shobit Khurana made post

I am an NRI. Which account should I deposit my money in? An NRE account or an NRO account?

Answer
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Suresh Patil answered.
2 years ago


You can deposit your earnings or money that’s originated in the country where you are working in either of the accounts- NRE (non-resident external) as well as NRO (non-resident ordinary).

However, do note that the capital or income that’s originating in India can only be deposited in your NRO account.