The Permissible Debits to NRE accounts are:
- Local payments.
- Remittances abroad.
- Transfer to NRE/FCNR (B) accounts of the same account holder.
- Transfer to NRE account of person other than the account holder subject to conditions.
- Investment in shares/securities /commercial paper of an Indian company or for purchase of immovable property in India provided such investment/purchase is covered by the regulations made or the general/special permission granted by the Reserve Bank of India.
- Any other transaction if covered under general or special permission granted by the Reserve Bank of India.