Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
Zerodha (Trading & Demat Account)
FREE Equity Delivery and MF
Flat ₹20/trade Intra-day/F&O
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17.76% 124,090 Clients
Anand Rathi Account Opening Enquiry
Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Anand Rathi offers NRI Trading Account that enables NRIs to invest in Stocks, Mutual Funds, ETFs and Debt Funds in India Stock Markets. Anand Rathi is a full-service broker offering a wide range of services to NRIs. This includes online trading/investment, research, trading tips and wealth management services.
Before opening an NRI account with Anand Rathi, an NRI must provide the following information:
To trade/invest in India, an NRI needs a PAN Card. An NRI can obtain the PAN Card by filling up Form 49AA online for allotment of a permanent account number through the websites of UTIITSL and NSDL.
The PAN Card is issued by the Income Tax Department in India. It is the same for NRIs and resident Indians. If you already have a PAN number as a resident Indian, you do not need a new PAN number.
Anand Rathi doesn't offer banking services which means you cannot open the NRI bank account with the broker. NRIs have to open an NRI bank account with a designated bank. Anand Rathi allows multiple banks to open an account and link the account with its trading and Demat accounts.
When you open an NRI bank account (NRE or NRO) with a bank, you also have to get the PIS permission from the RBI to invest money in the Indian Stock Market. The PIS permission is linked to a specific NRI bank account. Once PIS permission is obtained on the bank account, it is called NRI PIS Bank Account.
The bank where you're opening the NRE and NRO bank account helps you get PIS permission too.
NRIs have to open a custodial account and get a CP Code to trade and invest in equity futures and options. Indian Clearing Corporation Ltd (ICCL) works as a custodial for trade settlement on behalf of Anand Rathi.
Anand Rathi offers 2 in 1 NRI account opening services including Demat and trading accounts.
A Demat account is necessary for NRIs to hold the securities (shares, mutual funds, bonds, ETFs etc.) in electronic format. Anand Rathi is a depository participant (member) of CDSL and NSDL, the central depositories in India. While the Demat accounts (and securities held in them) remain with CDSL/NSDL, Anand Rathi plays the role of intermediary between the NRI and the depository.
Highlights of Anand Rathi NRI Demat Account
Note:
NRI trading account is used to access NSE & BSE to place buys and sells. The Anand Rathi NRI Trading Account is linked with NRI Demat Account and NRI Bank Account.
Each investor has a separate login ID and password to access the account at any time. NRIs can use research tips, technical charts, and historical reports available on Anand Rathi's online trading platforms in taking investment decisions.
Anand Rathi offers a complete online solution for a fast trading experience for non-resident Indian investors. NRIs have to open an NRI bank account with a designated bank and take PIS permission for trading in the Indian stock market. Here are the steps for trading in the equity delivery segment:
Deposit funds in the NRI PIS Bank Account which is linked to the trading account. Once funds are available, the bank informs the broker about this. The broker now increases the trading limits for the customer.
Log in to your online trading account or call the trading desk to place buy or sell orders. The broker's risk management system (RMS) checks the availability of funds or shares in the Demat account, respectively.
At the end of the day, the broker informs the bank in two separate contract notes for buy and sell orders.
Depending upon the order type, the Demat account and bank account are debited or credited. If it is a buy order, the NRI bank account is debited with money and the Demat account is credited with shares. For sell orders, the NRI bank account is credited with money and the Demat account is debited with shares.
The bank further informs the RBI of all the transactions done by the trader through the PIS bank account.
Anand Rathi NRI brokerage charges for trading in Equity and Equity Derivatives.
| Transaction | Fee |
|---|---|
| NRI Account Opening Charges | Rs 0 |
| NRI Account AMC | Rs 0 |
| Equity Delivery Brokerage | 0.30% |
| Equity Future Brokerage | 0.03% |
| Equity Options Brokerage | Rs 50 per lot |
| Other Charges | Demat AMC: Rs 450 per year |
Anand Rathi offers multiple online trading software to trade across equity, equity derivatives and mutual funds etc. The trading platforms offered by Anand Rathi include a mobile trading app, trading website, desktop trading terminal and mutual fund investment app.
Read Anand Rathi Trading Software Review to know in detail about the platforms.
The investment options available to an NRI at Anand Rathi.
| Investment Option | Status |
|---|---|
| Stocks | Yes |
| Mutual Funds | Yes |
| IPO | Yes |
| Others |
Before opening an Anand Rathi NRI trading and Demat account, you will need a PIS-linked NRI bank account.
If you are in India, you can visit the nearby branch and get assistance from the team in opening the account.
If you are not in India, then follow these steps to open an Anand Rathi NRI account:
If IPV is not feasible, NRIs can complete the process by getting the required documents attested by any competent authority/consulate general/ magistrate/ court or Indian Embassy in the residing country and sending them to the branch office in India.
To open an NRI 2-in-1 account with Anand Rathi, you will need the below-mentioned documents:
Note:
| Feature | Status |
|---|---|
| 3-in-1 Account | No |
| Free Research and Tips | Yes |
| Automated Trading | No |
| Other Features |
Anand Rathi offers a mutual fund investment platform for both the NRIs and resident Indian investors. Investors can transact, redeem, switch and invest through the NRI mutual fund platform. NRIs can invest in Mutual Funds in two ways: either Lump Sum (one time) or through Systematic Investment Plan (SIP). They can also access their mutual fund portfolio and check the performance anytime.
Anand Rathi NRI Support Desk contact information. Find Anand Rathi NRI contact number.
| Anand Rathi NRI Helpline | Number |
|---|---|
| Anand Rathi NRI Customer Care Number | 0291 666 1001 |
| Anand Rathi NRI Customer Care Email ID | nridesk@rathi.com |
Anand Rathi is a recommended choice for NRI investors. Anand Rathi offers value-added services like excellent online trading software, online mutual fund services and research advisory etc. Anand Rathi is a full-service broker offering a wide range of services for NRIs and resident investors. They offer wealth management, advisory, investment, portfolio management, and insurance services. NRIs have to open the NRI SB account and custodial account with a 3rd party before opening the NRI trading and demat account with the broker.
This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.
If you are non-resident and planning to trade in Equity Derivatives in India, it is necessary to open a custodial account with ICCL (Indian Clearing Corporation Limited) before trading with Anand Rathi. Anand Rathi is not a clearing member registered with the stock exchange. It has tied-up with ICCL for custodian services.
If NRI just wants to invest in stocks (equity delivery), it doesn't require a custodial account.
Yes, you can open an NRI account with Anand Rathi without visiting the branch. You just have to send the application form along with the documents to the local branch of the broker. All the documents must be self-attested by the applicant and attested by a competent authority (a Notary Public/ Any court of law/ Magistrate/ Judge/ Local Banker/ Indian Embassy / Consulate General of the country).
Anand Rathi offers two types of Demat accounts which are repatriable and non-repatriable demat accounts. They can transfer the funds in NRE account from India and abroad.
It is also possible to transfer money from NRE account to NRO account. But, it is not reversible to transfer back into the NRE account from the NRO account.
Steps to close Anand Rathi trading account
Anand Rathi Account Opening Enquiry
Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Information on this page was last updated on Thursday, November 23, 2023
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