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1 Comments

1. Desi Wolf   I Like It. |Report Abuse|  Link|October 9, 2017 2:13:34 PMReply
A few fundamental queries about NII application:
1. Can a retail investor (meaning not super rich) apply under NII quota, or is there certain eligibility?
2. What are the pros and cons of applying in NII quota? Are there more chances of allotment?

Thanks in advance.
1.1. SMcareer   I Like It. |Report Abuse|  Link|November 6, 2017 12:25:49 PM
Ans-1 No RII can apply as HNI.

Ans-2 NII didn`t get any discount in case promotors are giving the discount to RII. But the pros is that you can apply for more than 2 lakh amount.

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