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Can I open an NRO account without an NRE account?

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.

Yes, you can open an NRO (Non-Resident Ordinary) account without having an NRE (Non-Resident External) account.

An NRI is mandatorily required to open an NRO account as soon as his status becomes NRI. An NRI cannot have a bank account in his name in India. Thus, an NRI is required to convert their existing bank accounts to NRO.


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