Pension Plan in India


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desi in ottawa   
Member since: May 04
Posts: 1627
Location:

Post ID: #PID Posted on: 06-05-06 18:10:27

Ram,

Thx for the info. My wife holds Indian passport. So that's the way to go for NSC.

R there any other investments for NRIs like NSC that gives good interest in rupees. Just to keep the money there in rupees and used when visiting or retirement.
(I am an OCI)

DIO



ramrao   
Member since: Apr 06
Posts: 124
Location:

Post ID: #PID Posted on: 06-05-06 18:22:53

DIO : NSC and KVP are not available for NRI so evenif your wife holds Indian passport that does not mean that she is allowed to invest in NSC and KVP.If person is NRI that means stays out of India for more than 183 days then person is NRI.
I am not sure about pension schemes so that why asking CD members if they know any good one.

Ram


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Desi Lion




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