Announcement

Collapse
No announcement yet.

Remittance to NRI account

Collapse
X
Collapse

Remittance to NRI account

Last updated: February 21 2007
1 | Posts
2296 | Views
  • Time
  • Show
Clear All
new posts

  • Remittance to NRI account

    I am an NRI and have a plot in India, which I want to sell and buy a house in India. Is it possible for the purchaser of the plot, who is an NRI, to remit the money to my NRE account? I can then use that money to buy house in India.
  • #2

    #2

    Re : Remittance to NRI account

    As far as I know and have personally experienced, the NRE accounts in India ane no good for any deposits made in India itself. The only way I can credit any amount in my NRE savings account is by remmitting from overseas.

    Comment

    Have any questions or thoughts about this?
    Working...
    X