Yes, they do. Indian passport-holding students studying abroad for long-term courses that require them to reside out of India for more than 182 days in a financial year are considered as NRIs. Their NRI residency status makes them eligible for all NRI Accounts, including NRE Accounts as well as Fixed Deposit Accounts.

Yes, individuals holding Indian citizenship, and employed/stationed/deputed abroad in UN and associated organisations for extensive periods of time (more than 182 days per year) are also deemed as NRIs, making them eligible to open NRE Recurring Deposits with HDFC Bank.

Yes, Non-Resident Indians (NRIs) residing abroad for employment purposes are eligible to open NRE Recurring Deposits with HDFC Bank. The NRE Recurring Deposit, allows NRIs, especially those intending to return to India in future, to systematically save their foreign currency earnings, and reap the benefits of creating savings in a currency stronger than the INR.