I want to know, Can an NRI invest in Government bonds in India?
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Yes, NRI can invest in government bonds in India. You can buy Government bonds from bondsindia.com
Yes, NRI can invest in government bonds in India. You can buy Government bonds from bondsindia.com
See lessYes, Non-Resident Indians (NRIs) are allowed to invest in government bonds in India. NRIs can invest in government bonds issued by the Reserve Bank of India (RBI) or the Government of India, such as the 7.75% Savings (Taxable) Bonds, 2020 and the 7.15% Savings (Taxable) Bonds, 2020. These bonds areRead more
Yes, Non-Resident Indians (NRIs) are allowed to invest in government bonds in India. NRIs can invest in government bonds issued by the Reserve Bank of India (RBI) or the Government of India, such as the 7.75% Savings (Taxable) Bonds, 2020 and the 7.15% Savings (Taxable) Bonds, 2020. These bonds are considered relatively safe investments as they are backed by the government.
NRIs can purchase these bonds through the Non-Resident (External) Rupee (NRE) or Foreign Currency Non-Resident (FCNR) account. They can also purchase government bonds through the portfolio investment scheme (PIS) route. However, NRIs are required to comply with the Foreign Exchange Management Act (FEMA) and the regulations set by the Reserve Bank of India (RBI) while investing in government bonds in India.
It’s always important to consult with a financial advisor and check the current regulations before investing in any financial instrument.
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