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What is NRI trading 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.

The NRI trading account is an account that allows NRI investors to trade in financial instruments in India. The trading account is opened with a broker. It provides access to trading platforms for trading in securities. The trading account is linked to NRI bank and NRI Demat accounts.

The type of NRI account determines the instrument category in which NRIs can invest.

NRI investors can choose to open any of the following types of accounts and can link with the NRI trading account:

  • NRE account (PIS Enabled) - To invest in Equity stock markets using foreign deposits.
  • NRO account (PIS Enabled) - To invest in Equity stock markets using Indian income.
  • NRO Account (Non-PIS) - To invest in F&O, MF, Debt, ESOPs and other primary market instruments like IPO, rights using Indian income.
  • NRE Non-PIS account - To invest in IPO, MF, Rights Issue, ESOPs using foreign funds.

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