Table of Contents
- 1 How to get NRI customers?
- 2 What is NRI services of banks?
- 3 What can be accepted as initial funding in NRO account?
- 4 Which is the best NRE account in India?
- 5 Can you use multiple sales pitches for the same prospect?
- 6 How do you deliver an effective sales pitch?
- 7 What is a good phone call sales pitch example?
How to get NRI customers?
Like any other clients, NRI clients too can be acquired through referrals. The best way to acquire clients is to build and grow a strong social pipeline. An IFA can be a part of events, conduct seminars and join communities to reach out to NRI clients.
What is NRI services of banks?
An NRI Account refers to the accounts opened by a Non-Resident Indian (NRI) or a Person of Indian Origin (PIO) with a bank or financial institution which is authorised by the Reserve Bank of India (RBI), to provide various services.
Can I open NRE account before going abroad?
While it is possible to open an NRE account even from abroad, it is operationally difficult. So you may as well open it before you leave. What is an NRE Account: You can open an NRE savings account, current account or fixed deposit. You can deposit your funds from abroad into NRE savings accounts.
What can be accepted as initial funding in NRO account?
Earnings in India could be in the form of rent, dividends, interest, pension, among other sources. An NRO account can be opened in the form of a savings, current or fixed deposit account. Repatriation of funds from NRO accounts is permitted by RBI, subject to certain limits.
Which is the best NRE account in India?
10 Best NRE Savings Accounts for NRIs in 2020
| Bank Name | Interest rate (\%) p.a. | Minimum monthly balance requirements |
|---|---|---|
| SBI Bank | 2.70\% | Rs. 1 lakh for Metro & Urban areas and Rs. 50,000 for Semi-Urban and rural areas |
| Bank of Baroda | 2.75\% | Quarterly average balance Rs. 50,000 |
| Yes Bank | 4\% to 6\% | Rs. 10,000 |
| RBL Bank | 4.75\% to 6.75\% | Rs. 50,000 |
Is money in NRO account taxable?
An NRE account is tax-free (no income tax, wealth tax, or gift tax) in India. On the other hand, the interest earned in NRO accounts and credit balances is subject to respective income tax bracket. They are also subject to applicable wealth and gift tax.
Can you use multiple sales pitches for the same prospect?
You can use a combination of sales pitches for the same prospect. For example, you might give an elevator pitch at a conference and send an email pitch to a prospect before finally giving a comprehensive presentation pitch. We found seven notable examples to inspire you to craft a powerful sales pitch.
How do you deliver an effective sales pitch?
The most effective sales pitches facilitate a two-way exchange between the seller and client – it’s more of a conversation. This dialogue helps build better relationships. So try to deliver the pitch in a way that prompts them to share information with you.
Is a short or long sales pitch better?
Takeaways: Shorter is often better. It forces you to explain your product or service in layman’s terms. A short sales pitch that quickly generates interest will likely stick with a prospect longer than a rambling pitch that lists your product’s features.
What is a good phone call sales pitch example?
Lucky for you, this phone call sales pitch example can help grab your prospect’s attention instantly—and pique their interest about what you’re selling: Salesperson: Hey Naomi. It’s Ian from Acme Company. How are you? Prospect: I’m okay. What can I do for you Ian?