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.

What is an NRI Trading account in India?

An NRI Trading Account is a special trading account that allows Non-Resident Indians (NRIs), PIOs, and OCI cardholders to buy and sell eligible securities in the Indian stock market.

The account is opened with a SEBI-registered stockbroker and is linked to an NRI Demat Account and an NRE or NRO bank account. While the Trading Account is used to place buy and sell orders, the Demat Account holds the securities and the bank account facilitates fund transfers and settlement of transactions. Depending on the type of bank account linked, investments can be made on a repatriable or non-repatriable basis.