Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
An NRI Demat Account is a special type of Demat Account that allows Non-Resident Indians (NRIs), PIOs, and OCI cardholders to hold Indian securities in electronic form.
Like a regular Demat Account, it is used to store shares, ETFs, bonds, mutual funds, REITs, InvITs, and other securities electronically. However, an NRI Demat Account must be linked to an NRE or NRO bank account depending on whether the investments are made on a repatriable or non-repatriable basis. NRIs are also required to submit additional KYC and regulatory documents compared to resident Indian investors.
