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Ask Money Today: NRO vs NRE accounts - which one to choose for stock market investment? If an NRI has an income of any source from India, then NRO account will be advisable; If they have income only from outside India and want to remit in India, then NRE account is advisable I am a 35-year-old NRI based in the US for the last two years. I am willing to start investing in mutual funds via SIP mode in India. I hear there are two types of bank accounts for NRIs. Which one should I choose for a simple process and better tax advantage?

Ashwin kumarLionel charlesNon resident ordinaryNon resident externalஅஷ்வின் குமார்லியோனல் சார்லஸ்அல்லாத குடியிருப்பாளர் ஆர்டிநரீஅல்லாத குடியிருப்பாளர் வெளிப்புறம்