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NRIs need to use specific accounts through which they can invest in India.
 
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What accounts can NRIs use for payments?

What kind of an account does an NRI use to make payments for invesments?

An NRI needs to use an:

  • NRE Account (Non-Resident External Rupee Account)
  • NRO Account (Non-Resident Ordinary Rupee Account)
  • FCNR Account (Foreign Currency Non Resident Account)

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