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What is Non Resident Indian (NRI)?
Let us have some information about NRI meaning and NRI full form:
- NRIs maintain strong ties to India, including financial, cultural, and family connections and can also benefit from insurance policies offered by various insurers in India.
- A non-residential Indian is a person who stays in India for less than 182 days during the period of the foreseeing financial year.
- An NRI can also be a person who has gone out of the nation for employment is called an NRI.
- A person staying abroad for business-related purposes is also called an NRI.
Who is Non Resident Indian (NRI)?
The people living abroad are classified into three major categories, namely Non-resident Indians (NRIs), Overseas Citizens of India (OCIs), and Persons of Indian Origin (PIOs).