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Can I open NRI trading account online?

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An NRI requires 3 accounts to trade/invest in the Indian stock market. This includes

  1. PIS enabled NRI Saving Bank Account (NRE or NRO)
  2. NRI Demat Account
  3. NRI Trading Account

The process of NRI account opening is partly online.

Most banks in India offering NRI services allows its NRI customers to fill the account forms online, download the PDF file, print it, sign it and send it to the bank.

For discount stock brokers like Zerodha, the process is quite similar.

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