NRI Banking Services Desk

Open Your NRI Bank Account, From Anywhere in the World

NRE/NRO accounts, TCS savings, best exchange rates and full RBI compliance, handled remotely by banking specialists who understand every FEMA rule.

Remote Account Opening
TCS Savings Specialists
RBI Purpose Code Compliance
20+ Countries Served

Start Your Banking Process

Takes 2 minutes · Our team contacts you within 24 hours

100% secure & confidential · No spam, ever
₹0
Free Account Opening
Open account in 2 weeks
0
Banking Partners
Leading Indian banks
100%
Remote Account Opening
No India visit required
5,000+
NRIs Have Trusted Us
Across all service lines
01

Resident Account Not Converted After Becoming NRI

Operating a resident savings account as an NRI violates FEMA Regulation 9, most NRIs are unaware until funds get blocked or penalties arise.

02

TCS Deducted on Every Remittance

When NRIs remit funds from India, TCS is often deducted at source, most NRIs pay it without knowing they can reclaim it or structure transfers to avoid it altogether.

03

Wrong RBI Purpose Code on Wire Transfers

Incorrect purpose codes cause transfers to be held or returned, often when property sale proceeds need to move urgently.

04

NRE vs NRO Confusion

Mixing up these accounts creates tax exposure, blocked repatriation and compliance gaps. The right account depends on the source of funds.

Why NRIs Get Stuck

NRI Banking Is Not the Same as Regular Indian Banking

FEMA, RBI purpose codes, TCS rules and repatriation limits create a web most banks don't proactively explain, and most generic advisors don't fully understand.

One wrong account type or incorrect purpose code can hold up your entire property sale proceeds for weeks.

We've helped NRIs across 20+ countries, including the US, UK, Canada and Australia, open the right accounts, avoid TCS, and repatriate funds cleanly, without a single India trip.

Five Banking Services, Simplified

Each service solves a specific NRI banking pain point, from account opening to repatriation compliance.

Remote NRI Account Opening

Open NRE, NRO or FCNR accounts with leading banks entirely from abroad, documentation, video KYC and bank liaison handled end-to-end.

NRENROFCNRVideo KYC

TCS Savings on Remittances

Many NRIs don't realise they don't have to pay TCS at all. With the right transaction structure and timing, TCS can be legally avoided, not just claimed back. We assess your situation and structure the remittance so no tax leakage occurs at the point of transfer.

TCS AvoidanceSection 206C(1G)Transaction Structuring

Best Exchange Rates

We negotiate preferential forex rates with our banking partners, significantly better than standard counter rates, saving lakhs on property sale remittances.

Forex NegotiationSWIFT TransfersProperty Proceeds

RBI Purpose Code Compliance

We identify the correct purpose code for your transaction and coordinate with your bank to ensure smooth clearance, property sale, rental income, gifts and more.

Property SaleRental IncomeGifts

Account Classification & Usage Advisory

NRE vs NRO vs FCNR, we advise on the right structure for your income sources, repatriation limits, interest taxation and FEMA compliance.

NRE / NRO / FCNRRepatriation LimitsFEMA Compliance
Free Consultation

Not Sure Where to Start?

Every NRI banking situation is different. Our banking specialists will assess your current account status, identify any compliance gaps and tell you exactly what needs to be done, no obligations.

How It Works

Your NRI Banking, Done Remotely

Five structured steps from consultation to fully operational NRI accounts, no India visit required.

1

Free Consultation

We assess your residency status, existing accounts and map the right account structure for your situation.

2

Document Collection

Tailored checklist for your bank and account type. You share documents securely online.

3

Bank Liaison & KYC

We coordinate with the bank, video KYC scheduling, follow-up and document queries handled.

4

Account Activation

We guide you on initial funding, linking your overseas account and online banking access.

5

Compliance Handover

We brief you on purpose codes, TCS thresholds and repatriation rules so you stay compliant.

Voices of NRiSimplify

Banking, done remotely. Trusted by NRIs everywhere.

4.9
Average rating
5,000+
NRIs served
RK
Rajesh Krishnan
London
G
★★★★★
Five years of confusion about my NRO account, sorted in two weeks. The only advisor that actually coordinates everything in one place.
KR
Kavita Rao
Dubai
They replied within the hour, every time. It never once felt like I was managing this from another country.
DV
Deepak Verma
Singapore
G
★★★★★
Opened my NRE and NRO accounts remotely, never set foot in a branch. Smooth, fast, properly compliant.
AJ
Ankit Joshi
San Jose, USA
★★★★★
I was operating my old SBI account years after becoming an NRI, completely unaware this violated FEMA. NRISimplify flagged it, converted it to NRO and handled everything remotely. A genuine lifesaver.
PM
Priya Mehta
London, UK
★★★★★
After selling our Pune property, we needed to repatriate ₹2 crore to the UK. NRISimplify structured the remittance with the right purpose codes and negotiated a significantly better exchange rate than what our bank had quoted. Seamless end-to-end.
RN
Rohit Nair
Dubai, UAE
★★★★★
I had been trying to open an NRI account for three months, the bank kept rejecting my documents because of attestation issues. NRISimplify stepped in, told me exactly what was needed, coordinated the video KYC and had my NRE account active within two weeks. Wish I'd found them earlier.
RD
Rahul Dube
United States
★★★★★
GPA, tax optimisation, finding a buyer, all paperwork, everything handled. A seamless transaction from start to finish.
NV
Neeraj Verma
Canada
★★★★★
Their Canada partner connected us in minutes and the India team took it from there. One coordinated platform. We recommend to all NRIs.
AS
Anil Sharma
United States
★★★★★
Made the entire process stress-free. They handled everything and kept me informed at every step.
KS
Kuldeep Saini
United Kingdom
★★★★★
Expertise in regulations evident from day one. Transparent pricing, a refreshing change from hidden costs elsewhere.
MK
Mukesh Kapoor
Australia
★★★★★
Their experts provided invaluable guidance throughout. Highly recommend to any NRI selling property remotely.
MM
Meeta Mittal
New Zealand
★★★★★
Such efficiency and professionalism. I was amazed at how effortless the whole process was.
AT
Arjun Tandon
Toronto
Sold my Bangalore flat without flying to India once. NRiSimplify handled the TDS, the GPA, the bank, all of it. Genuinely simplified.
MS
Meera Sharma
Dubai
Gaurav, I can't thank you enough. The Form 128 (formerly Form 13) certificate saved us nearly ₹50 lakh. This extra cash flow helped us buy our new house with much less stress.
PN
Priya Nair
Sydney
in
Highly recommend NRiSimplify for any NRI with property in India. Professional, precise and refreshingly clear. Thank you, Gaurav & team.
RI
Ramesh Iyer
Auckland
Repatriation done in 2 days, fully compliant. The team replied within the hour, every single time. Thank you.
VD
Vikram & Anjali Desai
Singapore
The clarity was worth everything. We finally understood our own tax position, and exactly what to do next.
SM
Sunil Menon
California
G
★★★★★
DTAA foreign tax credit explained clearly in a single call. No jargon, no upsell, just the answer.
NT
Neha Thakur
Toronto
Gaurav personally walked my father through the GPA, step by step. That kind of patience is rare.
SI
Sanjay Iyer
Abu Dhabi
in
A genuinely coordinated team. They made the complex feel routine, and kept us informed at every stage.
AK
Anil Kapoor
Manchester
₹0 travel. I still can't quite believe it. Everything, start to finish, handled from where I live.
RV
Rajan Varma
Toronto, Canada
★★★★★
My father's property was still in his name 8 years after he passed. NRISimplify handled the mutation and succession certificate without me travelling to India once. Exceptional service.
SP
Sunita Pillai
London, UK
★★★★★
They helped me with Power of Attorney legal validation in Chennai. The entire Sale Deed registration was done on our behalf. Completely seamless from London.
AK
Amit Kapoor
Sydney, Australia
★★★★★
Three siblings, ancestral agricultural land near Ludhiana, no mutation done, we thought it would take years. NRISimplify resolved title, completed documentation, and had the property sold within 7 months.
RK
Rajesh Kumar
New Jersey, USA
★★★★★
NRISimplify not only filed my current year return but also helped me get a refund for past years. The dedicated CA understood NRI tax nuances that my previous advisor simply missed.
PS
Priya Shenoy
Toronto, Canada
★★★★★
Sold my Bangalore flat and had real concerns about the capital gains and TDS implications. The team handled everything, from TDS compliance to ITR filing, with complete peace of mind.
AM
Aditya Mehta
London, UK
★★★★★
Received a tax notice and didn't know what to do. NRISimplify drafted the response and handled the entire process. It was resolved within 3 weeks. Highly recommend their premium plan.
VI
Vikram Iyer
San Francisco, USA
★★★★★
Repatriated USD 1M from my NRO account after a property sale, Form 145/146 and Form A2 done in-house in days. No bank back-and-forth, no rejected wires.
AK
Anjali Kapoor
Sweden
★★★★★
I never realised the deductions on my transfers were TCS. NRiSimplify structured my banking and improved my cash flow by lakhs, completely legally.
RI
Rohan Iyer
Manchester, UK
★★★★★
My wire to the UK kept getting held because of the wrong RBI purpose code. NRISimplify fixed it and the next transfer cleared in 48 hours.
FAQ

Common Questions

Everything NRIs ask before opening India bank accounts or remitting funds. Our team is happy to help.

What is the difference between an NRE and NRO account?
NRE (Non-Resident External) accounts hold your foreign earnings in Indian rupees, freely repatriable, with interest tax-free in India. NRO (Non-Resident Ordinary) accounts manage India-sourced income (rent, dividends, property sale proceeds), repatriation is capped at USD 1 million per financial year, and interest is taxable at 30% TDS. Which one you need depends on where the money is coming from; most NRIs end up needing both.
Can I open an NRI account without visiting India?
Yes. With video KYC, apostilled documents and a coordinated bank liaison, the entire process runs remotely. We handle account opening with our banking partners end-to-end, from documentation through activation, without a single India trip.
What is TCS on remittances and how can it be saved?
TCS (Tax Collected at Source) of 20% applies to most outward remittances above ₹10 lakh under the Liberalised Remittance Scheme. However, most NRIs do not need to pay it at all. Transfers from NRO / FCNR accounts via the right remittance route legally avoid TCS, not just reclaim it later. We assess your situation and structure the transfer so no tax leakage occurs at the point of transfer.
What is an RBI Purpose Code and why does it matter?
Every outbound wire transfer from India must carry an RBI purpose code that classifies the transaction (property sale proceeds, gift, current income, etc.). The wrong code can cause the transfer to be held or returned, often when funds are time-sensitive. We identify the correct code for your transaction and coordinate with the bank to ensure smooth clearance.
I've been using my resident account as an NRI. Is that a problem?
Yes, it violates FEMA Regulation 9. As soon as your residency status changes, your resident savings account must be re-designated as an NRO account. Continuing to operate the resident account exposes you to penalties and can lead to funds being blocked. We handle the re-designation remotely so the issue is resolved without disruption to your transactions.
Do you handle banking for property sale proceeds?
Yes, this is one of our most common cases. We set up the right NRO account to receive the proceeds, prepare Form 15CA / 15CB (now Form 145/146) for compliant repatriation, identify the correct purpose code, and negotiate exchange rates with the bank to recover lakhs that would otherwise be lost on the spread.
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Join the NRIs who trusted NRISimplify to handle their India banking, from account opening to repatriation, without a single India trip.

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