NRO
| Definition | : | Non-Resident Ordinary |
| Category | : | Business » Banking |
| Country/Region | : | India  |
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Initialism
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What does NRO mean?
Non-Resident Ordinary (NRO) is a bank account meant for a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) that allows to maintain and manage their income earned in India such as rent, dividends, pension etc. Any NRI can open an NRO account. Funds originating from India can only be deposited in an NRO account. NRO account is taxable.
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NRO | National Reconnaissance Office | |
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NRO | National Review Online | |
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NRO | Nobeyama Radio Observatory | |
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NRO | Number Resource Organization | |
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NRO | National Reconciliation Ordinance | |
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NRO | National Repertory Orchestra |
Frequently Asked Questions (FAQ)
What is the full form of NRO Account?
The full form of NRO is Non-Resident Ordinary
What is the full form of NRO in Business?
What is the full form of NRO in India?
Translation
Find translations of Non-Resident Ordinary