Keerthi’s FinFo NRI

Keerthi’s FinFo NRI Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Keerthi’s FinFo NRI, Financial Consultant, Dubai.
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CS Keerthana Merame
🧶Founder : Dhee Consultancy, Dubai
📍One Stop Solution For NRIs
🎯NRI Finance I Tax I Investing
🎓ACS I CIMA(L3) I SCA, AMFI Regd OD276114
✍️ [email protected]

11/06/2026

NRIs are now getting almost double interest rates for FCNR deposits, when compared to last month.

SBI, ICICI, Yes Bank, Bank of Baroda, AU Small Finance Bank, and HDFC Bank - all of them have announced revised rates and…it’s much higher now.

Going from lowest to highest — for a 5-year tenure FCNR deposits , SBI is offering the lowest at 5.75%, followed by HDFC, Bank of Baroda, and ICICI all at 6%. Yes Bank gives even Better —6.55%, and AU Small Finance Bank leads the pack with the highest rate of 7% for 5 years.

Remember all these rates are for upto 5-year tenure and interest is paid in US Dollar— different period has different rates.

If you want to know the complete details across all these banks for all tenures, COMMENT FCNR below.

10/06/2026

Indian banks may now offer you 5 to 7% per year, that too in US dollars, which will be completely tax free in India for NRIs. Because RBI has issued a circular for a special forex swap facility for FCNR(B) deposits.

This opens up some room to increase the interest on FCNR accounts. Earlier, when you deposited USD through FCNR at SBI, HDFC, ICICI, or Axis for 3 to 5 years, banks were bearing the hedging cost themselves. But now RBI has told banks to pass that cost to them, and whatever the banks save, they will pass it back to you as higher interest.

So banks that were offering 4 to 4.7% on FCNR deposits, if RBI absorbs that 3% hedging cost, suddenly have room to add another 200 basis points. Which means they can realistically offer you 5 to 7% interest, in US dollars.

And this is not something new. RBI used this exact same mechanism back in 2013 to attract dollars and stabilize the rupee. It brings in dollar inflows without putting any pressure on RBI’s reserves.

Now here is what makes this especially powerful for you as an NRI. The interest on FCNR is completely tax free in India. Your principal and your interest are fully repatriable. And because FCNR deposits are held in USD, they may also shield you from INR depreciation over time.

So parking your money in an FCNR deposit right now is genuinely worth considering. But remember-This window closes on September 30, 2026. Call your bank this week. Ask them specifically for the FCNR(B) deposit under the RBI June 2026 swap facility. Compare the rates across banks, because not every bank will offer the same interest rate. Then make your decision on where to park your money.

07/06/2026

Many US NRIs are still unaware of this…

If you have a green card, crossing the 8-year threshold before giving it up can trigger a major surprise.

Many people get a green card, live and work in the U.S. for several years, and build up assets — stocks, real estate, retirement accounts, businesses — then decide to return home or move elsewhere.

If that’s your plan — build wealth in the U.S., then retire somewhere else — the green card can become a liability. Once you cross that 8-year mark, surrendering the card can come with a significant surprise tax bill on paper profits.

The 8-Year Clock

If you hold a green card for more than 8 years within any 15-year period, the IRS treats you as a long-term resident.

The moment you decide to retire abroad and surrender the card — to step out of global taxation — it triggers what’s known as the exit tax. When you give up your green card, the IRS treats your worldwide assets as if they were sold on that day and taxes the paper gains accordingly. There is an exclusion limit, but for many self-made millionaires, it falls well short of what’s needed.

05/06/2026

The RBI just dropped two important announcements that could be genuinely useful for NRIs, and OCIs.

The basic idea is this : India wants more foreign money flowing in, and they’re making it easier and more rewarding for you to invest back home.

You may know FCNR(B) deposits are like FDs in dollars and get interest in that same currency — with no rupee risk. Today RBI told Until September 30, 2026, it’s going to cover a hidden cost that banks normally have to pay, which means banks can now offer you better interest rates on these deposits. So if you are planning to park dollars in FCNR, it may be a good time

The government issues bonds (basically IOUs — you lend them money, they pay you back with interest). India has now opened up its 15, 30, and 40-year bonds to NRIs and OCIs through something called the Fully Accessible Route. These are super safe, government-backed investments — great if you are thinking long-term about preserving wealth tied to India.

nri

03/06/2026

The US Green Card is not a golden ticket for every NRI — it can be a genuine asset for some, but a liability for others.

Getting a US Green Card comes at a cost. Unless you fall into the right categories, it won’t be an asset. It’ll be a trap of endless waiting and global taxation.

So who actually benefits?

First, if you’re a salaried professional earning more than $300K, or on a strong career trajectory in the US, a Green Card makes sense.

Second, it’s also valuable for those who have built significant wealth through a 401(k), since Green Card holders enjoy a much higher estate tax exemption — $15 million, compared to just $60,000 for non-residents.

Third, if you’re an entrepreneur, a Green Card removes the ceiling entirely. No employer sponsorship, no visa renewal anxiety — you can freely found, own, run, or pivot businesses. It also opens doors to venture funding, bank loans, SBA loans, grants, and government contracts.

For everyone else, the Green Card will pull you into global taxation with little financial benefit.

So before you apply, do your calculations.

02/06/2026

If you are an nri returned to India, failure to comply with one simple requirement can attract 10 lakhs in penalty and in extreme cases you may face prosecution.

If you have substantial assets in foreign bank accounts, brokerage accounts, or retained house in foreign country then you need to disclose all as foreign asset while filing your income tax return in schedule FA. If not there will be severe penalty, upto 10 lakhs, sometimes even prosecution.

If you are confused whether you are Rnor or nri, simply go for disclosure. Disclosures doesn’t mean tax is due, it’s helps you to be on the right side of the law…when it comes to your foreign assets.

01/06/2026

If you are an NRI living in the US ….build your 401(K) for retirement not ROTH IRA.

Do this …especially if you are not sure, where you will retire. Roth IRA though offers tax free withdrawals in US but India doesn’t recognize it as retirement account. Means your after tax money accumulated in Roth which US doesn’t tax will be taxed in India. And you have an illiquid assets since Roth can’t be withdrawn before 59.5.

So it’s better to build your retirement in 401k and your own private brokerage with diversified portfolio.because sometimes overall portfolio planning matters more than just chasing tax efficiency.

If you are planning to retire in India as US NRI, we help to invest considering US-India DTAA…book an appointment for my meeting clicking the link in bio or comment US NRI to get link.

30/05/2026

Gulf NRIs …Rupee is hitting 100 against USD sooner than you think !

Holding rupee FDs in NRE/NRO accounts may not be a good idea. Depreciation is silently killing your real returns.Because GCC currencies are pegged to USD

So it’s better to switch to a USD FD through Belong — you can earn up to 6% returns, fully online KYC, flexible tenures of 3, 6 or 12 months, regulated by IFSCA and held with RBL Bank.

👇 Comment “USD FD” to get the the link!

28/05/2026

The IT department is sending notices to NRIs for very specific reasons. And one simple step — filing your tax return before July 31st — can avoid most of the problems that follow.

Here’s your checklist. ....to avoid Indian IT notices.

First — do you own a flat, house, or shop in India that’s on rent? If that rental income crosses the basic exemption limit…₹4 lakhs under the default new tax regime or ₹2.5 lakhs under the old regime…. You need to file.

Second — do you have an NRO account or an old savings account sitting in India? The interest it earns is fully taxable. And your bank reports that data directly to the IT department — every year, automatically. You need to file if your total income exceeds the threshold, or if you want to claim back the heavy 30% TDS bank deductions.

Third — did you sell any property or shares in India this past year? Even if TDS was deducted, Capital gains still need to be reported in your ITR to avoid flags from automation systems. So You need to file.

Fourth — did you make any large transfers or deposits into Indian accounts? The system flags these automatically. A correctly filed return is the only clean answer you can give when they come asking. So think of filing.

Fifth — is your total taxable income from India is above the basic exemption limit….Doesn’t matter which country you live in. Doesn’t matter if TDS was already cut. The obligation doesn’t disappear. You need to file.

Sixth — are you claiming DTAA benefits? Without a Tax Residency Certificate and the right documentation, that claim won’t hold up. so — you need to file.

Seventh — have you recently moved back to India but never updated your residential status? That mismatch may be already recorded in their system. It will trigger a notice. You need to update your status and file.

File your tax returns before July 31st. Filing isn’t complicated. Ignoring this may make your NRI life complicated.

Are you parking your emergency funds back in India in the WRONG place and losing returns without realizing it as NRI?NRE...
27/05/2026

Are you parking your emergency funds back in India in the WRONG place and losing returns without realizing it as NRI?

NRE Fixed Deposit vs FCNR vs GIFT City IFSC vs Debt Mutual Funds — which one is best for your emergency corpus?

Tax-free interest, full repatriation, liquidity & safety — I explain in detail with latest RBI guidelines.

Comment “NRI” and I’ll send you the complete video 👇

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