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Arjit Chalmela's Blog – June 2021 Archive (2)

Everything You Need To Know About NRO Accounts

You may have to travel abroad for different reasons, but your income sources in India still need attention. These could be in the form of rent, dividends, pensions, interests, etc. You would need a way to manage those funds within the country while you reside overseas.

The sorted way to do that is through (Non-Resident Ordinary) NRO accounts. These are the perfect avenue to manage your earnings in the home country. You get to open them as current or savings account, fixed or recurring…

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Added by Arjit Chalmela on June 2, 2021 at 7:35am — No Comments

4 Features Of A Recurring Deposit Account

Money is essential to help us accomplish our goals and keep us secure during emergencies. We must spend it responsibly and save for the future. Since most services require lots of expense, we should remain prepared with the funds and start saving from the present moment. Financial planning can save you from unexpected circumstances.

Banks offer many opportunities for investment in different financial products like a recurring deposit. You can regularly invest every month and save…

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Added by Arjit Chalmela on June 2, 2021 at 3:55am — No Comments

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