The followings are the permitted debits in NRE account of an Individual with any of the banks in India.
i. Local payments.
i. Remittances abroad.
ii. Transfer to NRE/FCNR (B) accounts of the same account holder.
iv. Transfer to NRE account of person other than the account holder subject to conditions.
v. Investment in shares/securities /commercial paper of an Indian company or for purchase of immovable property in India provided such investment/purchase is covered by the regulations made or the general/special permission granted by the Reserve Bank of India.
vi. Any other transaction if covered under general or special permission granted by the Reserve Bank of India.
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