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Returning NRI

Pre-Departure Checklist

25-task checklist of banking, investment, insurance, and legal steps before moving abroad

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0/5 in Banking

Convert existing savings accounts to NRO

Critical

Resident savings accounts must legally become NRO accounts once you become NRI. Visit your bank branch with passport + visa stamped page.

Open NRE account for foreign earnings

Critical

NRE accounts receive foreign-currency remittances, earn tax-free interest in India, and are fully repatriable.

Update correspondence address to overseas address

Important

Update all banks with your future overseas address for FEMA compliance and to receive NRI statements.

Set up internet banking for NRO/NRE accounts

Important

Enable online access before leaving โ€” much harder to set up from abroad without Indian OTP.

Set up remittance service account (Wise/Remitly)

Recommended

Register a Wise or Remitly account before leaving to send money home at better rates than your overseas bank.

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