Can NRIs open demat account in India?

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Yes, NRIs can open a demat account in India. In fact, a demat account is must to invest in stocks, mutual funds, and derivatives, etc., in Indian stock exchanges.

The demat account is an online account to hold securities like stocks, MF, and debentures etc.

An NRI demat account can be opened on Repatriable or Non-Repatriable basis. These accounts are linked to NRE or NRO Bank account.

Topic: NRI Demat Account - Online Opening Procedure, Charges, Rules Article

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