POSTED BY June 10, 2013 2:08 am ONE COMMENTON
I am Ela Selvaraj, an NRI. I opt for SBI Maxgain loan recently and the standing instruction for EMI is from my NRE account. I decided to change the SI to NRO account as I will receive money locally every month. Is that possible to change the EMI from NRE to NRO? Also, I would like to know what are the negatives for changing the EMI to NRO account?