What is the difference between NRO PIS & NRO non-PIS account?

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NRO PIS Account Vs NRO Non-PIS Account

NRO PIS Bank Account and NRO Non-PIS Bank Account allows you to invest an NRIs foreign or Indian earnings in India on non-repatriation basis. While NRO PIS Account is specifically for investing in stock markets, the NRO Non-PIS Account can be used to invest in stocks as well as any other options in India.

	NRO PIS Account	NRO Non-PIS Account
Repatriability	Yes (with certain restrictions)	Yes (with certain restrictions)
PIS Permission	Required	Not Required
Purpose	Investing money earned in India in Indian Stock Market	Investing money earned in India anywhere including Indian Stock Market
RBI Reporting	All transactions reported to RBI	None
Stock Investment	Yes	Yes

What is the difference between NRO PIS & NRO non-PIS account?

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