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As an NRI, can I open both NRE and NRO account?

Yes, all individuals qualifying as non-resident or NRI are eligible to open either NRE or NRO or both of these accounts to meet different purposes. As an NRI, you can open NRE account to manage foreign earnings while NRO account can be opened to manage the income sourced from India.

An NRI can link NRE account to buy and sell shares on a repatriation basis while NRO account can be mapped to invest on non-repatriation basis.

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