Open NRI Demat Account Online with us!

To open an NRI Demat account, you will need documents such as a valid passport, visa, overseas address proof, PAN card, recent passport-sized photographs, and a completed account opening form. Depending on the bank or securities provider, some additional documents may be required.

A Non-Resident Ordinary (NRO) account is a bank account for NRIs to manage income earned in India, such as rent, dividends, or business earnings. Unlike an NRE account, the funds in an NRO account are non-repatriable unless specific conditions are met.

The Portfolio Investment Scheme (PIS) is regulated by the Reserve Bank of India (RBI), allowing NRIs to invest in the Indian stock market. Under PIS, NRIs can buy and sell Indian securities on a repatriation or non-repatriation basis, but all transactions must go through a designated bank branch.

Yes, an NRI can open two separate demat accounts, one for NRE and another for NRO. This allows NRIs to manage their repatriable (NRE) and non-repatriable (NRO) investments separately.

Yes, NRIs are allowed to trade in equity intraday, provided they have a PIS-approved NRE or NRO account and meet the necessary trading and regulatory requirements set by the Reserve Bank of India and the Securities and Exchange Board of India (SEBI).