What is 3 in 1 NRI account?

A 3-in-1 NRI Account is a type of trading account offered by banks that seamlessly integrates:

1. NRI Bank Account (NRE/NRO) – For fund transfers and transactions.
2. NRI Demat Account – To hold purchased securities electronically.
3. NRI Trading Account – To place buy/sell orders in the stock market.

How Does a 3-in-1 NRI Account Work?

• The trading account is linked to the bank account for seamless fund transfers.
• When you buy stocks, money is debited from your NRE/NRO account and shares are credited to your Demat account.
• When you sell stocks, money is credited back to your bank account after settlement.

Benefits of a 3-in-1 NRI Account

• Seamless Fund Transfers – manual fund transfers between accounts are unnecessary.
• Simplified PIS Compliance – Banks handle PIS reporting for NRE accounts.
• Single Dashboard Access – Manage banking, trading, and investments in one place.
• Regulatory Compliance – Ensures adherence to RBI & SEBI rules.

NRE vs. NRO in a 3-in-1 Account