FREE Account Opening + No Clearing Fees
Loading...

Can NRI invest in NCD?

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.

NRIs can invest in NCDs provided the issuing company allows NRIs to invest in the NCD issue.

Generally, Indian companies do not allow NRIs to invest in NCDs due to strict FEMA regulations. You can refer to the offer documents of the NCDs to know whether an NRI is eligible to invest in the issue or not.


Comments

Add a public comment...


Find more questions on this topic