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Who qualifies for NRI status?

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.

NRI status is given to non-resident Indians who meet the following criteria:

  1. Non-Resident Indians (NRIs)

    Indian citizens working abroad, business people residing overseas, and students studying in foreign countries.

  2. Person of Indian Origin (PIO)

    An individual who is not a citizen of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal, or Bhutan and who:

    • At any time held an Indian passport, or
    • Whose parents or grandparents were citizens of India by virtue of the Constitution of India or the Citizenship Act, 1955, or
    • Is a spouse of an Indian citizen or a person referred to in the above clauses.
  3. Overseas Citizen of India (OCI)

    Foreign nationals of Indian origin who have obtained OCI status from the Government of India.


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