Dube has established himself as one of the most destructive middle-order batters in the IPL, scoring 350 runs at a 170-plus strike rate
cricket8 hours ago
Chennai — Equitas Small Finance Bank Limited (ESFB), the largest SFB in India in terms of number of banking outlets and the second largest SFB in India in terms of assets under management and total deposits in fiscal 2019, has new lucrative offers designed to cater to the need of non-resident Indians and persons of Indian origin.
Â
Key features
NRIs and PIOs can convert and save their overseas earnings into Indian rupees for higher interest rates. The bank offers two different products NRE (non-resident rxternal) and NRO (non-resident ordinary) Rupee Savings Accounts, which offer up to 7.5 per cent per annum interest on savings.
Low monthly balance requirements starting from ?2,500/- depending on the segment category of the account viz rural/semi-urban/urban.
The interest earned in Non-Resident External (NRE) Rupee Savings account is not taxable in India and the funds are freely repatriable.Â
The Non-Resident Ordinary (NRO) Rupee Savings Account can be used for depositing the income in Indian Rupees earned in India.Â
Up to $1 million in a financial year can be remitted abroad or transferred to the NRE account subject to the payment of requisite taxes and documentation from an NRO SB Account.
Apart from the Savings Account offering, ESFB also offers tax-free fixed deposit options on income earned abroad with no pre-closure penalty and with deposit locker facility in branches across India. Both the NRE and NRO FDs offers interest upto 7.3 per cent per annum on FDs for 888 days.
Recurring deposit account of NRE and NRO has unique features like investment through monthly installment starting from ?1,000, flexi Tenures from 12 to 120 months and can be opened jointly with another NRI or PIO.
Dube has established himself as one of the most destructive middle-order batters in the IPL, scoring 350 runs at a 170-plus strike rate
cricket8 hours ago
Fraser-McGurk has blasted 309 runs in seven matches for the Delhi Capitals at a strike-rate of 235.87
cricket8 hours ago
The mayor of Seoul also extended a cordial invitation to the RTA to participate in the upcoming Seoul Smart Life Week
uae8 hours ago
The units are equipped to transform residences into golfing sanctuaries while eradicating the limitations of weather, seasonality and tee times
sports8 hours ago
When the Paris opening ceremony begins on July 26, it will be the first time the city has played host for a century after previous editions in 1924 and 1900
sports8 hours ago
This decision to invite players outside of the top 100 has precedents which is an interesting initiative to watch
sports9 hours ago
Saudi Arabia's Abdullah Al-Qahtani meets Morocco's Taha Bendaoud in the main event
sports9 hours ago
The airport will have a passenger capacity of 260 million per annum and fully absorb Dubai airport operations
business9 hours ago