Who can open NRI Bank Accounts?

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.

Following people are eligible to open NRI Bank Account:

NRIs, PIOs & OCIs
Spouse of an Indian Citizen or spouse of PIO
Indian citizens residing abroad for employment, studies, and business, etc
Individuals officially deputed abroad by the Government of India or PSUs
Individuals who held an Indian passport at any point in time
Individuals whose parents or their grandparents were Citizens of India as per India Citizen Act 1955

Topic: NRI Account Defenition

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What type of NRI Bank Account is required to trade in stocks?
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