Online NRI Investment – For Better Returns!

Non resident Indians can breathe a sigh of relief as Reserve bank of India allows them to invest in their home town. They are free to invest in PSEs and Indian company shares. One must remember that the holding of a single non resident Indian should not exceed even 1% of the PSEs paid up capital. The dividends will be saved in his FCNR or NRE accounts. He is free to withdraw it when ever he wants it. But, they should be investing on repatriation basis.

Portfolio investments
Debentures of Indian companies
National savings certificate

Portfolio investments are the shares and debentures. You are free to roll out your money in stock exchange, this can be either on repatriation or non repatriation basis. Your next best option is the mutual funds. These may be both public as well as private sector undertakings. These companies which sell their mutual funds to NRIs must have permission from the Reserve Bank of India (RBI) to do so. With an FCNR account, you are allowed to make transactions in euro, pound sterling, US dollar and Japanese yen. You can hold these accounts for a period of 12 months to three years.

Real estate is a big boom in India and more and more investors are finding it a lucrative deal as the returns on it is higher and is produced at less cost. Some may invest in property, home or flats. If you are of 21 years of age, and have a valid passport with a graduation degree you can seek for financial assistance from banks to make your investments in real estate. An investment is measured not only by its current value but also by the returns available in the upcoming years. Invest in what fetches you higher returns on investment, you are sure to win better profits.

In case of a savings account these are the terms which would apply:
Term Deposits
· Have a minimum amount of rs.1,000 to be deposited.
· Period of deposit ranges from 6 months to 10 years.
· Premature closure of deposit permitted, as per rules.
· Interest payable quarterly or at monthly intervals at discounted value (on special request only).
· Provision for authorization to pay interest to anyone in India.
· Loan facility is available against the security of the deposit.
· Deposit receipt can be kept in Bank's safe custody. Provision for automatic renewal is available on maturity.