![]() ![]() It has dedicated customer support teams to onboard NRI customers and provide them with the best possible service in the industry. Zerodha is very popular for NRI services. Zerodha is the largest and one of the most trusted discount brokers with a user base of more than 35 lahks. Here is the list of 5 best Demat accounts for NRIs:īest Demat accounts for NRIs Zerodha Demat account for NRIs Best Demat accounts for NRIs (Non-Resident Indians) 2022 To invest in Initial Public Offers (IPOs) on repatriable basis, you need to open an NRE Demat account and an NRO Demat account is used for investment in IPOs on a non-repatriable basis. A Demat account for NRI is available in two forms – NRE Demat account and NRO Demat account. To open a Demat account for NRIs, you can click the button below:Ī Demat account stores securities in an electronic format, and hence there is no need for physical share certificates. Demat accounts are maintained by a depository company. NRIs need to get Portfolio Investment Scheme (PIS) licences from a designated bank to operate a demat account for investing in the Indian market. You need to adhere to the rules of the Foreign Exchange Management Act (FEMA) to open a Demat account for NRI in India. Similar to resident Indians, Non-Resident Indians or NRIs can hold a Demat account in India to trade in equity. Best Demat Accounts for NRIs (Non-Resident Indians) 2021 ![]()
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