From the FAQ's: Q:What is NRI account? A:An NRI account is either an NRE or NRO Bank Account made specifically for NRIs. Q:What are benefits of NRI Account?

From the FAQ's: Q:What is NRI account? A:An NRI account is either an NRE or NRO Bank Account made specifically for NRIs. Q:What are benefits of NRI Account? A:There are many NRI account benefits. You MUST have one if you are an NRI. You will be able to deposit all Indian deposits, earn high interests, and invest in India through these accounts. There are a lot of tax-savings as well. Ah, well, that explains everything.