The NRO (Non-Resident Ordinary) account is meant for a Non-Resident Indian (NRIs) to carry out their operations with their income earned in India. This could be rents, dividends and even pensions. The salient feature of an NRO account is that it can accommodate funds in Indian rupees (INR). Nevertheless, such repatriation of money from those accounts is within the limits and under the condition of certain regulations.