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No, 5paisa doesn't offer a demat account to NRI investors. However, NRIs can open a demat account with Indian residence proof. This demat account can be used only to hold securities bought as a resident Indian, not as an NRI.
Zerodha and Prostocks are among most popular NRI demat account providers in India. 5paisa's former parent company IIFL also offers a full-service NRI Account.
Topic: 5paisa NRI Account Review
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