NRE

Definition : Non-Resident External
Category : Business » Banking
Country/Region : India India
Popularity :
Type :
Initialism

What does NRE mean?

Non-Resident External (NRE) is a bank account meant for a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) to transfer foreign income earned outside India. Only foreign currency can be deposited into an NRE account and will be converted into Indian Rupee at the time of deposit. NRE accounts are tax exempted.

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We have found 6 more results for NRE
Worldwide NRE Non-Recurring Engineering
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Engineering
Worldwide NRE Negative Regulatory Element
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Genetics
Worldwide NRE New Relationship Energy
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United States NRE National Railway Equipment
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Canada NRE National Register of Electors
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Frequently Asked Questions (FAQ)

What is the full form of NRE Account?

The full form of NRE is Non-Resident External

What are the full forms of NRE in Business?

Non-Resident External | National Railway Equipment | Nippon Restaurant Enterprise

What is the full form of NRE in India?

Non-Resident External