Can an NRI nominate or be nominated in the demat account? Can a person resident in India be a nominee in NRI Demat account?

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Yes. Nomination in a demat account is possible in both the ways.

  • An NRI can be nominated in a resident Indian demat account.
  • An NRI can be nominated to an NRI Demat Account.
  • A resident Indian can be a nominee in an NRI Demat Account


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