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Difference between NRE and NRO account
Here's a table showing 5 key differences between NRE (Non-Resident External) and NRO (Non-Resident Ordinary) accounts:
Feature  | NRE Account  | NRO Account  | 
Purpose  | For parking foreign earnings in India  | For managing income earned in India (rent, dividends, etc.)  | 
Currency Repatriation  | Fully and freely repatriable (principal + interest)  | Interest is repatriable; principal is subject to limits  | 
Taxability  | Interest earned is tax-free in India  | Interest earned is taxable in India  | 
Deposit Currency  | Only foreign currency allowed  | Both foreign and Indian currency allowed  | 
Joint Account Eligibility  | Can be held jointly with another NRI  | Can be held jointly with an NRI or a resident Indian  | 
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