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Can an NRI nominate or be nominated in the demat account? Can a person resident in India be a nominee in NRI Demat account?

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Yes. Nomination in a demat account is possible in both the ways.

  • An NRI can be nominated in a resident Indian demat account.
  • An NRI can be nominated to an NRI Demat Account.
  • A resident Indian can be a nominee in an NRI Demat Account

Topic: NRI Demat Account - Online Opening Procedure, Charges, Rules Article

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Find more questions on this topic

  1. Can NRIs open demat account in India?
  2. Can NRI open a joint NRI Demat account?
  3. Do I need to get RBI approval before opening my Demat Account?
  4. Does NRI need to open NRI Demat account if he has resident Demat account?
  5. Can someone else, residing in India, operate my Demat Account?
  6. Can NRIs have Demat Account in India?
  7. Can NRI hold a demat account in India?
  8. Can NRI maintain demat account in India?
  9. How to open NRI Demat Account online?
  10. Can stocks be held in one demat ac irrespective basis of repatriation?
  11. What bank account details are to be given during NRI Demat ac opening?
  12. Where to open NRI Demat Account?
  13. Do I need RBI permission for NRI Demat Account?
  14. Does NRI need to move holdings from resident Demat to NRI Demat account?
  15. Can NRI open demat account online?
  16. Can rights/bonus shares be issued to NRI?
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