Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
An NRE Demat Account should be linked with NRE Bank Account (PIS or Non-PIS).
An NRO Demat Account should be linked with NRO Bank Account (Non-PIS) for non-repatriable transactions.
An NRI has to maintain a separate Demat account on repatriable and non-repatriable basis. Both the accounts can be opened with the same broker but linked to different bank accounts (NRE and NRO).
When it comes to an NRE account, your Demat account must be under PIS (Portfolio Investment Scheme). For an NRO account, you do not need to follow PIS rules.
Check NRE Vs NRO Account for differences between these two accounts.
Type of Account for NRI
An NRI needs NRE Bank (with PIS permission), Trading and Demat account to trade in Equity on repatriation basis. For trading in equity on non-repatriation basis, they need NRO Bank, Trading and Demat account. The RBI PIS permission is not required for investing on a non-repatriation basis. Investment in Mutual Fund and trading in Equity and Current F&O is only allowed through NRO accounts.
| Products | Trading Account | Bank Account | Demat Account |
|---|---|---|---|
| Equity (Repatriable) | NRE (PIS) | NRE (PIS) | NRE |
| Equity (Not-Repatriable) | NRO | NRO | NRO |
| Mutual Funds (Repatriable) | NRE | NRE | NRE |
| Mutual Funds (Not-Repatriable) | NRO | NRO | NRO |
| Futures & Options | NRO | NRO | NRO |
Topic: NRI Demat Account Defenition
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FREE Intraday Trading (Eq, F&O)
Flat ₹20 Per Trade in F&O
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