Blogs Frequently Asked Questions

An NRI does not have to pay any tax on income earned outside India. However, an NRI who is converted to an Indian gets RNOR status, which is later converted to ROR status, and an Indian resident has to pay tax on global income under Indian income tax laws.

Income tax act says that NRIs have been staying in India for less than 182 days in the financial year or if they've been in India for less than 60 days during the previous year and 365 days.

NRI bank account opened by an Indian citizen who lives outside of India and it is authorized by the Reserve Bank of India

Top banks offering NRI accounts include SBI, HDFC, ICICI, Axis, and Kotak Mahindra. The best choice depends on interest rates, remittance services, and online banking facilities.

Yes, you can apply online or via courier by submitting a passport, visa, overseas address proof, and PAN (if applicable) to Indian banks. Some banks offer video KYC for remote verification.

Yes, most Indian banks allow NRIs to open accounts online by filling out a digital form and uploading documents. Some require physical verification or notarized copies.

Indian residents and foreign citizens without Indian heritage cannot open an NRI account. OCI and PIO cardholders are eligible.

A PAN card is mandatory for NRO accounts due to tax regulations but not required for NRE or FCNR accounts unless making taxable investments in India.

Minimum balances vary by bank, typically ₹10,000–₹25,000. Some banks offer zero-balance NRI accounts for premium customers.

Yes, you can use your Indian Bank account in Canada, but you should check whether your bank operates in Canada or not. Also, you need to follow some specific rules depending on the type of your account and the purpose of transactions.

Yes, you can use your ICICI bank account in Canada. All you need to do is enable international transactions on your debit card. You can do this through the ICICI app or by calling the customer care number.

You can contact the SBI Bank Canada on a toll-free number: 1866-724-2669. You can also visit the nearest branch of SBI in Canada.

Yes, you can open an NRI account in Canada. You need to visit the Indian bank branches available in Canada, or you can also open an account through their online portals.

There are a total of nine branches of the ICICI Bank Available in Canada.

There are a total of six branches of the State Bank of India available in Canada.

You can verify your e-Visa by using the tracking number that you received at the time of application. You can visit the Embassy, Consulate, visa application center, or the official VFS Global website and enter your application/reference number along with your last name to verify the e-Visa.

There are many fake e-Visa websites on the internet, so you should be aware of them. There is one official government website for applying for an Indian e-Visa: indianvisaonline.gov.in. You should not use any other website claiming to be real.

No, you can't really get hacked by simply responding to a text. However, you should avoid clicking links in text or email messages from unknown senders.

India launched its e-Visa program in 2014.

As per Income Tax, an individual is considered an NRI if he/she did not live in India for more than 182 days during the preceding accounting year.