Introduction

Managing finances in India while living abroad can be complex — from handling income in India to investing or repatriating funds overseas. NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts are designed to solve exactly this problem for NRIs.

With Rupeeflo, you can open your NRE and/or NRO bank account fully online, without travelling to India, through a guided, end-to-end digital process.

Important: Currently, Rupeeflo supports NRE / NRO account opening only for NRIs residing in the United States and the United Kingdom.

NRE vs NRO Account: Quick Refresher

Before starting the process, it helps to understand which account you need:

NRE Account

• For income earned outside India

• Funds are fully repatriable

• Interest earned is tax-free in India

• Ideal for savings, investments, and repatriation

NRO Account

• For income earned in India (rent, dividends, pension, etc.)

• Funds are partially repatriable (up to USD 1 million per financial year)

• Interest is taxable in India

• Ideal for managing India-based income

👉 With Rupeeflo, you can open NRE, NRO, or both accounts together in a single flow.

What You Need Before You Start

Since you already have the Rupeeflo App installed, make sure you keep the following documents handy:

• PAN Card

• Passport (first & last page)

• Overseas address proof (utility bill, bank statement, or lease agreement)

• Proof of non-residence (visa, residence permit, or work authorization)

• Tax Identification Number (SSN for US / NINO for UK)

Step-by-Step Guide: Opening NRE / NRO Account via Rupeeflo App

Step 1: Select Account Type

Once logged into the Rupeeflo App:

• Choose NRE Account, NRO Account, or Both

• Rupeeflo clearly explains use-cases so you can make the right choice

• You can open both accounts together without repeating the process

Step 2: Enter Personal & Residential Details

You’ll be asked to provide:

• Basic personal information (as per passport)

• Indian address (if applicable)

• Overseas residential address (US or UK)

• Tax residency details

The app validates inputs in real-time to reduce rejections later.

Step 3: Upload Required Documents

Upload clear images or PDFs directly in the app:

• PAN Card – mandatory for Indian banking & taxation

• Passport – identity and nationality proof

• Overseas Address Proof – recent and valid

• Proof of Non-Residence – visa or residence permit

• Tax Identity Number – SSN (US) or NINO (UK)

Rupeeflo automatically checks document quality and completeness.

Step 4: Document Notarization

Most partner banks require notarization of KYC documents.

With Rupeeflo:

• You are guided on which documents need notarization

• Accepted notarization formats are clearly explained

• You can complete notarization fully digitally using Rupeeflo's e-Notarization service

This step ensures regulatory compliance without unnecessary back-and-forth.

Step 5: Bank-Arranged Document Courier

After notarization:

• Self-attested documents need to be sent to the bank

• The courier is arranged directly by the bank — you don’t need to manage logistics

• Pickup is scheduled from your overseas address

Step 6: Account Processing & Activation

Once documents are received:

• Bank completes verification and compliance checks

• Complete first funding of Rs. 25,000 to your NRE or NRO accounts or both

• You are notified once your NRE / NRO account is active

Typical timelines vary by bank, but it could take anywhere up to 3-5 days depending on money transfer timelines.

What Happens After Account Opening?

After activation, you can:

• Transfer funds to India in your NRE/NRO accounts

• Enable UPI on NRE/NRO accounts and start transacting

• Open DEMAT accounts for investing

• Invest in mutual funds, stocks, and other India assets

All of this is accessible from the Rupeeflo App

Why Open NRE / NRO Accounts Through Rupeeflo?

• Fully digital, guided process

• No India visit required

• Single flow for NRE + NRO

• Bank-coordinated courier support

• Seamless access to investments and tax services post account opening

Final Thoughts

Opening an NRE or NRO account doesn’t have to be complicated. With Rupeeflo, NRIs can complete the entire journey — from document upload to account activation — through a simple, transparent, and compliant process.

If you already have the Rupeeflo App installed, you’re just a few steps away from managing your India finances with ease.