What is NRI repatriation?

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An NRI can invest his foreign earnings in India with an objective to take the money back to his country of residence by converting them from India Rupee to the foreign currency at any time. This type of investment is known as an investment on a repatriation basis by NRI.

Reserve Bank of India (RBI) has permitted Non-Resident External (NRE) and Foreign Currency Non-Resident (FCNR) bank accounts for this purpose.

RBI has permitted NRIs to invest in a range of investment options on a repatriation basis. This includes Stocks, Mutual Funds, Bond, and IPO etc.

Topic: NRI Repatriation Defenition

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