NRO stands for Non-Resident Ordinary Account and is used by NRIs to manage income earned in India. Learn how NRO differs from NRE, which is for foreign earnings, in terms of taxation, repatriability, and suitability. A Non-Resident Ordinary (NRO) Account is for NRIs to manage their deposits or income earned in India. Check out the key features of NRO Account & know who can open NRO Account. Explore the features and differences between NRE, NRO, and FCNR (B) accounts for Non-Resident Indians. We would like to show you a description here but the site won’t allow us.
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