u/Adorable-Quit1903

I’m currently living in the US and am considering putting money into an FCNR deposit primarily to access the 9x/290x leverage/loan facility associated with the scheme. I would not proceed with the FCNR if the leverage is not available to US-based NRIs.
A few questions:
US-based NRIs: Can NRIs residing in the US open an FCNR and access the associated leverage/loan? I’m hearing this may be available to NRIs in places like Dubai/Singapore but potentially not the US/UK.
NRI status: I’m currently an NRI but plan to permanently move back to India in February 2027. If I open the FCNR before the August 31, 2026 deadline and choose a 5-year term, what happens when my NRI status ceases after I move to India? Can the FCNR continue until maturity?
Virtual Account opening: Since I’m currently in the US and won’t be physically in India before the deadline, can the FCNR account be opened remotely/online, including KYC and funding?
Taxation: If the FCNR matures after I have been living in India for several years, how would the maturity amount/interest be taxed — in India, the US, or both?
HSBC contact: Does anyone have a contact at HSBC who is familiar with this FCNR + leverage scheme and can help US-based NRIs?

I’m currently living in the US and am considering putting money into an FCNR deposit primarily to access the 9x/290x leverage/loan facility associated with the scheme. I would not proceed with the FCNR if the leverage is not available to US-based NRIs.
A few questions:
US-based NRIs: Can NRIs residing in the US open an FCNR and access the associated leverage/loan? I’m hearing this may be available to NRIs in places like Dubai/Singapore but potentially not the US/UK.
NRI status: I’m currently an NRI but plan to permanently move back to India in February 2027. If I open the FCNR before the August 31, 2026 deadline and choose a 5-year term, what happens when my NRI status ceases after I move to India? Can the FCNR continue until maturity?
Virtual Account opening: Since I’m currently in the US and won’t be physically in India before the deadline, can the FCNR account be opened remotely/online, including KYC and funding?
Taxation: If the FCNR matures after I have been living in India for several years, how would the maturity amount/interest be taxed — in India, the US, or both?
HSBC contact: Does anyone have a contact at HSBC who is familiar with this FCNR + leverage scheme and can help US-based NRIs?

I’m currently living in the US and am considering putting money into an FCNR deposit primarily to access the 9-19x leverage/loan facility associated with the scheme. I would not proceed with the FCNR if the leverage is not available to US-based NRIs.
A few questions:
1. US-based NRIs: Can NRIs residing in the US open an FCNR and access the associated leverage/loan? I’m hearing this may be available to NRIs in places like Dubai/Singapore but potentially not the US/UK.
2. NRI status: I’m currently an NRI but plan to permanently move back to India in February 2027. If I open the FCNR before the August 31, 2026 deadline and choose a 5-year term, what happens when my NRI status ceases after I move to India? Can the FCNR continue until maturity?
3. Virtual Account opening: Since I’m currently in the US and won’t be physically in India before the deadline, can the FCNR account be opened remotely/online, including KYC and funding?
4. Taxation: If the FCNR matures after I have been living in India for several years, how would the maturity amount/interest be taxed — in India, the US, or both?
5. HSBC contact: Does anyone have a contact at HSBC who is familiar with this FCNR + leverage scheme and can help US-based NRIs?

My employer submitted my H1b application on June 10th, 2026 as regular processing. What is the typical time from the historical trends it takes for decision?

My employer submitted my H1b application on June 10th, 2026. What is the typical time from the historical trends it takes for decision?

My employer submitted my H1b application on June 10th, 2026. What is the typical time from the historical trends it takes for decision?

Hello All,
I just got a CSR for the promo SUB of 150K on June 10th. I am traveling internationally and will not be using CSR until Aug 25th. I know there is a minimum spend requirement of $6000 to unlock the 150K SUB.

What are the best way to spend it on certain gift cards, or top up balance etc?

I already have Chase Amazon Prime card for Amazon. I shop groceries at Safeway ($500/month) and use Uber/Lyft ($100/month).