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Who can open an NRI Investment 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 following personnel are eligible to open NRI investment account.

  • Person of Indian Origin (PIO) or Overseas Citizen of India (OCI)
  • Non-Resident Indian (NRI) who has stayed for 182 or more outside India in the previous financial year.
  • Indian citizens residing outside for studies, business or employment
  • A foreign passport holder (except Pakistan or Bangladesh)
  • Who has held an Indian passport in the past
  • Whose grandparent or parent was an Indian citizen as per the Indian Citizen Act or Constitution of India
  • Who is a spouse of a PIO or Indian Citizen

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