Nro full form: NRO stands for Non-Resident

NRO stands for Non-Resident Ordinary Account and is used by NRIs to manage income earned in India. Learn how NRO differs from NRE, which is for foreign earnings, in terms of taxation, repatriability, and suitability. NRE and NRO Account Full Form NRE account stands for Non-Resident External Account, which allows Non-Resident Indians (NRIs) to deposit foreign earnings in India. A Non-Resident Ordinary (NRO) Account is for NRIs to manage their deposits or income earned in India. Check out the key features of NRO Account & know who can open NRO Account. Explore the features and differences between NRE, NRO, and FCNR (B) accounts for Non-Resident Indians.