Can NRI open demat account in SBI?

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An NRI can open a Demat account in SBI securities. SBI Securities has depository membership of CDSL as well as NSDL and extends its depository services to NRI. An NRI can opt to open an NRE (NRI Repatriable Demat Account)/NRO (NRI Non-Repatriable Demat account) with SBI securities which also has an NRI 3-in-1 account facility to open a trading and bank account as well along with Demat account for seamless trading.


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