u/Frosty-Horizon-522

I am planning to park USD 100,000 in an FCNR account, one of my priorities is a bank which has a good banking app and net portal so I can check my deposits, it should also be secure and reliable. Looking for suggestions in terms of bank and what documents are required to open an FCNR account for NRIs and what are the typical eligibility criteria?

Most content comparing NRE vs NRO just covers the basic definition and skips over the actual tax implications people should probably know before deciding between the two. Things like TDS rates, DTAA claim procedures, or the repatriation issues specific to NRO accounts don't really get mentioned upfront anywhere. If you've dealt with this directly, maybe during tax filing season, what do you wish someone had told you earlier before you had to figure it out yourself the hard way.