NRI vs NRE vs NRO: A Clear Guide for Indians Living Abroad
NRI, NRE, NRO — these terms get used interchangeably, but they mean genuinely different things. Here’s a clear breakdown so you use the right term (and the right account) for the right purpose. Quick Summary NRI (Non-Resident Indian) describes your residency status — who you are under Indian tax and banking rules. NRE (Non-Resident External)…