Chittorgarh.com Logo
Loading...

Can NRI pledge Mutual Funds for Trading?

Save over 60% on Brokerage

We can help you save between 60% to 90% brokerage fee & taxes. Contact us today...

NRI Form ⇒

An NRI is not allowed to pledge mutual funds for trading.

As per RBI guidelines, an NRI is allowed to pledge their shares/securities with Indian banks, overseas banks, and Non-Banking Finance Companies (NBFC) only for genuine business purposes and not for trading purposes.

Topic: Margin Trading for NRI

Comments

Add a public comment...

Find more questions on this topic

  1. Is margin funding available for NRI customers?
  2. Which stock brokers offer Margin Funding to NRIs?
  3. How much margin funding can an NRI avail?
  4. For which trading segment an NRI can avail Margin Funding?
  5. How can NRIs avail the Margin Funding facility?
  6. Can NRI pledge shares?
  7. What are the restrictions on the power of attorney for NRIs?
Ask Your Question
special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

Open Instant Account

ICICI Direct Logo

Free Equity Futures Trading
₹20/Trade (Options & Intraday)

Open 3-in-1 Account

Upstox Review   Upstox

Flat ₹20 Per Trade
Free Demat AMC

Enquire Now

Angel Broking Review   Angel Broking

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Open Account

Paytm Money Review  Paytm Money

Rs 0 Eq Delivery Brokerage
Flat ₹10 Per Trade in F&O
Rs 0 Demat AMC

Open FREE Account Now!

Edelweiss Broking Review   Edelweiss

Full-service @ Flat Rate
Flat ₹10 Per Trade

Get FREE Account

ProStocks Review  ProStocks

Free Eq Delivery (₹15 F&O)
Unlimited @ ₹899/month

FREE Trading + Demat Acct

Fyers Review   Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Enquire Now

IIFL Review  IIFL Securities

Full-service broker at its best
₹0 account opening fee (₹1150)

Request Call Back