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What is the difference between NRI Demat and Normal Demat Account?

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.

As the name suggests, the NRI Demat Account is a demat account for NRIs. The Normal Demat Account is for India resident customers.

Comparison of NRI and Normal Demat Account

NRI Demat Vs Normal Demat Account

 

NRI Demat Account

Normal Demat Account

Account Types

NRI Repatriable (NRE)

NRI Non-Repatriable (NRO)

Ordinary Resident

Demat linked with

NRE or NRO Bank Account

Saving Bank Account

Charges

Same

Same

Corporate benefits like dividend, interest, rights, bonus, etc.

Auto deposit into the linked NRE or NRO bank accounts

Auto deposit into the linked bank account

Services Offered

Same

Same

Note:

  • Demat AMC may be different for NRI customers with foreign communication address.


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