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Please make video for NRI DEMAT ACCOUNT OPENING PROCESS CHARGES ETC

Thanks you for informative video I have one query I am SBI account holder also I am investing in mutual fund through NRI ACCOUNT my portfolio became big corpus and I want it continues 15 years more but after 10 year I will be back in India then what I will do can I will continue hold mutual or I will have to sell

Nice mudit, keep growing!!

Thanks for the good info. I have a question, 1) I am NRI but I don't have NR demat. I use existing resident demat wherein I have shares of many companies for about 2 lacs. Sometimes I do online trading from abroad but currently my bank a/c which is linked to broker's online trading a/c, is blocked for want of KYC. If I want to submit KYC in person during my visit to India, I will have to declare my NRI status so the bank will convert my a/c to NRO or it may create a new NRO. If that is the case, how can I link my resident trading and demat a/c to Bank's NRO a/c ? 2) can I convert into NRO from prospective date (i.e. from the date I submit KYC) ? If not, will there be any penalty from beginning of non residency status ? 3) If I cash entire portfolio (of about 2 lacs) by selling, which I don't bother, the proceeds would stay with at my trading a/c. In that case how can I withdraw if new NRO a/c is not linked. 4) I want to get rid of resident bank a/c, resident demat a/c, and investments lying there. Your reply would help me a lot. Thanks in advance.

I can’t see any useful purpose of an NRE account. It is a scam in my opinion. Remitted funds will incur a -2.5% fee (varies by bank and its hidden in the exchange rate) when the funds are received in the account because they will auto convert to INR. So…. If you needed INR for family maintenance or own expenses in India, you could use a “Wise” account to pay into your NRO and the currency conversion cost would be around -0.4% which is less than a 5th of the cost! In the event that you did decide to send money from your NRE account abroad, then the scam gets even worse! You’d be looking at a round trip loss of 5% for currency conversion fees! People need to understand that the RBI has its own goals with encouraging the concept of NRE accounts. They want to lock in Indian Expats to the INR currency as well as the obscene currency conversion rates of mainstream banks. You’d be better off keeping your savings overseas and only remit what you really need to spend in India and to then do so using your NRO account and a foreign “disrupter bank” like Wise.

Harris Robert Davis Sandra Lee Linda

your music is really annoying.stopped watching video

Thompson Karen Johnson William Jones Amy

Very good sir. So informative.

Thank you. This was very helpful

very good knowledge

Very informative

Nice

Nicely explained

Very well explained.

Thanks for your detailed explanation.

Thanks for Explaining the topic in a very easy and simple way.

I sincerely appreciate you the way you inform about PMS services is very good thank you so much I will contact you with mail id Pls share your mail id

Excellent

Good information for NRI thanku

Bro, ur App is Amazing. I live in UAE and initially I deleted the App, just bcoz I felt the Video KYC is unnecessarily added. But now I know it is bcoz of the New Rule from April 2024. Ur App has so many features, which are so easy to use. Well done guys, good work. My Video KYC is pending, lets see how long i will take to record the video

Very informative

Good video

How to redeem mutual fund sbnri app

@3:04 - online conversion is not possible. Ref: oaa.onlinesbi.sbi/oaonri/onlineAccOpenNriFaq.htm

Thanks

Your guys are doing a really great job.

Sounds good 😊

bhai bahut he vadiya samjate ho aap..

can you provide your phone or email address surinder sidhu canada

The video is very informative and I really enjoyed it. I am a NRI from Singapore and having a question with regards to transferring money from NRO to NRE account and filing 15 CA with TDS details. Could you please explain where to get this TDS details?

Can you get rid of that stupid music

Very informative videos.....

Thank you for the valuable information

useless fellow.. starts with english, then speaks hindi where i want the information

I have applied for eKYC on SBNRI app, but its stuck since several months....its a scam app

Helpful, thanks

Nice

Nice

Informative video. Thank you

Thank You Very Much

Thank you so much sir❤

Great info. Very helpful.

This was very helpful.

Great analysis!

this is an extremely well made, well explained and detailed video. Thank you.

Very good. Concise. Thank you

Hello Mohit. Can a NRO account holder with SBI have a regular account if he/she has a OCI card. Thx

Very good information helpful and great advice excellent explanation amazing knowledge real estate business lessons will done salute sir inspiring motivational speech positive topic sir useful valuable video thanks you God bless you always sir respected sir jai hind 🙏🇮🇳🇮🇳🙏