NRI definition

NRI means a person resident outside India who is a citizen of India as defined under the Foreign Exchange Management (Deposit) Regulations, 2016, as amended or is an ‘Overseas Citizen of India’ cardholder within the meaning of section 7(A) of the Citizenship Act, 1955;

NRI or “Non-Resident Indian” means an individual resident outside India who is a citizen of India.

NRI means a Non-Resident Indian as defined under the Foreign Exchange Management Act, 1999.

Examples of NRI in a sentence

• If the Cardmember attains the Non-Resident Indian (NRI) status, then he/she should ensure that all payment(s) towards his/her Credit Card Account from his/her Non-resident banking account.

More Definitions of NRI

NRI s Seats” means “the seats meant for Non-Resident Indians & their children or wards.”

NRI means Non-resident Indian as defined in Section 2 (30) of the Income Tax Act, 1961.

NRI means the decimal net revenue interest in oil and gas production from a Property.

NRI has the meaning set forth in the definition of Defensible Title.

NRI means a person resident outside India, as defined under FEMA and includes non-resident Indians, FVCIs and FPIs;

NRI means Gross Potential Rents, net of Concessions, subject to the Vacancy Rate, minus Bad Debt, plus short term Lease premiums (up to a maximum of 5% of the units in the Mortgaged Property, net of any prepaid revenues) [INCLUDE THE FOLLOWING FOR SENIORS PROPERTIES: plus any payments from any Governmental Payor Program].

NRI means a Non-Resident Indian as defined under Foreign Exchange Management Act, 2000.