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<h1>Non-Resident Indians Can Open Rupee Accounts with Specific Rules and Restrictions for Fund Management and Transfers</h1> Non-Resident Ordinary Rupee Account (NRO) Scheme under Foreign Exchange Management Regulations provides guidelines for non-resident individuals to open and operate rupee accounts in India. The scheme allows opening various account types with specific eligibility criteria, permissible credits and debits, and restrictions on fund remittances. Special provisions exist for individuals from specific countries, with regulatory oversight by the Reserve Bank of India to ensure compliance with foreign exchange management regulations.