- Are you an Indian student in the US?
- Are you on an H1B visa currently in the US?
- Are you a green card holder from the US?
- Are you on H4 or H4 EAD visa?
If you are any of the above, you have been waiting for your much-awaited trip to India after a long hiatus. This pandemic brought the world to a standstill, locking the world behind doors and halting all sorts of travel. It’s been a tough period for most families, and for those living thousands of miles apart makes the wait more agonizing.
The Indian Diaspora
The Indian diaspora in the US is one of the largest overseas communities in the world, comprising skilled, unskilled, and semi-skilled migrant Indians. India is the world’s largest remittance recipient in the world with the US being the largest sender. In the fiscal year 2022, India’s total inward remittances stood at $85.6 billion (6.83 lakh crore rupees), with the US accounting for 23% of the overall inflow from abroad.
As an NRI in the US, you may want to transfer funds from your US-based account to the NRE, or NRO savings account in India for several reasons. Perhaps to use the stored funds to buy gadgets or use them to fund your parent’s first dream home, or manage the day-to-day expenses in India. But if you have ever attempted to remit your funds to India, you might think it is a daunting process. The truth is contrary to that.
The Grand NRI Homecoming Festival
With thousands of people unable to travel from the US to India in the last 2 years because of covid related travel restrictions, this trip is going to be a special one. The upcoming festival season, coupled with the wedding season, New Years, etc., India is waiting to welcome the Non-Resident Indians (NRIs). Many NRIs achieved career milestones and celebrated the birth of a new family member, but their families were unable to join the festivities.
To make their visit after a long interruption a special one, IndusInd Bank has designed a special bouquet of financial products to cater to the unique financial needs of NRIs. With over 3 million NRI residing in the US, with unique financial requirements, IndusInd Bank has brought together celebratory offers for the Grand NRI Homecoming Festival.
Special NRI Banking Services
The upcoming NRI homecoming festival includes attractive rewards designed especially for NRI customers who open an NRE or NRO savings account. This grand celebratory welcome comes with attractive financial rewards for NRIs from the US with best-in-class financial solutions from IndusInd Bank. The bank brings to you the following offers and facilities:
- Welcome Gift
- Banking on WhatsApp
- Best-In-Class Interest Rate
- Freedom to Choose your Account Number by ‘MY ACCOUNT MY NUMBER’
- Face-to-Face banking anytime, anywhere through Video Branch
- Enjoy a Complimentary heritage walk on your visit across select cities in India
If you need to either manage your income originating in India or avail benefits of attractive interest rates offered, then opening an NRE or NRO account is the best choice. These accounts serve as de-facto savings accounts to manage your financial transactions in India.
So, if you, too, are returning from the USA this winter, partake in this grand welcome offer and open an NRI Savings Account.
Featured Image: IndusInd Bank
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