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Bank Accounts

Can I transfer funds from NRE account to other Bank Account

Yes, as an NRI, you can transfer funds from your NRE (Non-Resident External) account to:

Another NRE or NRO account (your own or someone else's).
Resident Indian bank accounts of family members or others.
These transfers are permitted under FEMA guidelines. There is no limit or restriction on the amount you can transfer from your NRE account, and both principal and interest are fully repatriable (can be sent abroad) without any tax implications in India

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