A single 3–in–1 integrated account—interlinking Demat, Savings, and Broking accounts–spells ease and convenience. Completely online and real time trading.
Alike resident Indians, Non-Resident Indians (NRIs) can also trade and invest in Indian equities and other securities.
But, to trade and invest in the Indian Stock Markets, it is mandatory for NRIs to open a NRI DEMAT Account. A NRI DEMAT Account is a dematerialized account which holds securities in digital format. Through a NRI DEMAT Account, NRIs can invest in equities, mutual funds, ETFs and other convertible debentures.
There are two types of NRI Demat Accounts NRIs can invest in –
Repatriable investment NRI Demat Account:- This is a type of account for remittance outside India. This account allows you to hold and trade in any securities (Equity, Debt, Mutual Funds etc.) purchased in India, in any currency other than the Indian Rupee.
Non-Repatriable investment NRI DEMAT Account:- This type of account does not allow the investor to transfer or repatriate any funds outside India, and the funds and investments remain within India.
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