NRO to NRE transfer
Move India funds so they become repatriable.
Learn more →NRI banking · NRE · NRO · FCNR
The right NRI accounts, set up properly.
Get your banking wrong and your money is either stuck in India or taxed more than it should be. We set up and structure your NRE, NRO and FCNR accounts so your funds stay repatriable, your interest is taxed correctly, and everything is ready for investing later.
NRE freely repatriableNRO India income, sortedFCNR no forex risk
✓ Licensed CAs, CPAs & ACAs ✓ Fixed fees, shown before you commit ✓ Your money never touches NRI360 ✓ One RM end to end, in your timezone
The problem
One wrong account, and your money is stuck
When you become an NRI, you legally can't keep running your old resident savings accounts — they must be re-designated as NRO. From there the logic is simple once it's set up right: NRE for foreign earnings you may want to take back abroad (repatriable, interest tax-free in India), NRO for your India income (rent, dividends, pension — taxable, capped repatriation), and FCNR to hold foreign currency without exchange risk.
Get the mix wrong and funds get locked in India or taxed more than they should be. Not sure of your status this year? Start with the residential-status calculator.
Review your current accounts
We check what you hold and flag any resident accounts that must be converted to NRO.
Set up the right mix
NRE for repatriable foreign earnings, NRO for India income, FCNR to hold foreign currency — matched to your goals.
Convert & link cleanly
We handle the conversions and link the accounts so moving money (NRO to NRE) is smooth and compliant.
Ready for what's next
Structured so your future investing and repatriation simply work.
Key things to know
NRE, NRO & FCNR — the essentials
Which account does what, and why the mix matters.
NRE — your repatriable rupee account
Funded from foreign earnings. Balance and interest are freely repatriable, and the interest is tax-free in India while you're an NRI. Best for money you may want to take back abroad.
NRO — for your India income
Rent, dividends, pension and pre-existing India money sit here. Interest is taxable (TDS 30%, reducible via DTAA), and repatriation is capped at USD 1 million a year. See NRO to NRE transfer.
FCNR — foreign currency, no exchange risk
A term deposit held in USD, GBP and other currencies — no rupee exchange risk, freely repatriable, and interest tax-free in India.
You must convert resident accounts
Once you're an NRI, your old resident savings accounts have to become NRO. Continuing to run them as resident accounts is a FEMA breach.
Coming back? Accounts change again
On returning to India for good, accounts convert to resident status — and an RFC account can hold your foreign currency. We handle the transition.
Knowledge
Related guides
Related
Other things we handle for NRIs
Repatriation (15CA/15CB)
Get money out of India, correctly.
Learn more →NRI tax filing
Keep the interest taxed right and reclaim excess TDS.
Learn more →Questions
NRI banking questions, answered
What's the difference between NRE and NRO?
NRE holds foreign earnings — fully repatriable, interest tax-free in India. NRO holds your India income (rent, dividends) — interest is taxable and repatriation is capped at USD 1 million a year. Most NRIs need both.
Do I really have to convert my old savings account?
Yes. Once you're an NRI, resident accounts must be re-designated as NRO — continuing them as resident accounts breaches FEMA. We fix this cleanly.
Is an FCNR account worth it?
If you want to hold foreign currency without rupee exchange risk and keep it repatriable, yes — it's a foreign-currency term deposit with interest tax-free in India.
Can I move money from NRO to NRE?
Yes — up to USD 1 million per financial year, after tax and with 15CA/15CB. See our step-by-step.
Can you open and convert the accounts while I'm abroad?
Yes — we guide the whole setup and conversion remotely, and make sure the structure is right for repatriation, tax and future investing.
Start free
Let's get your NRI banking right.
Tell us what accounts you have and where your money needs to flow. We'll set up the right structure — free review, fixed quote before anything begins.
We reply within 1 working day — by a real relationship manager, not an auto-reply.
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