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Who is eligible for an NRI account?

Zerodha (Flat Rs 20 Per Trade)

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All non-resident Indians are eligible for NRI account creation. This is subject to the norms as mentioned by the authorities and changes as suggested by them. The following criteria have to be met:

  • An individual who is employed or owns a business or practices some form of business outside India for more than 182 days
  • Indian government employees who hold diplomatic passports
  • Students studying abroad
  • Seafarers
  • Indian employees of an oil rig situated in a foreign country staying outside India for more than 182 days

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