NRI Demat Account
Whatever your investing style, we have a solution for you
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Why Choose Anand Rathi for NRI Demat Account?
Regulatory Compliance
Full compliance with SEBI, RBI, and FEMA guidelines, for a secure and reliable investment process.
Dedicated Relationship Manager
A dedicated relationship manager assists every NRI client with personalised guidance and help with portfolio management.
Multi-Currency Flexibility
Enjoy hassle-free transactions with support for transactions in multiple currencies, simplifying repatriable and non-repatriable investments.
24/7 Online Access
Manage your investments from anywhere in the world with our intuitive digital platform, offering round-the-clock access to trading, reports, and updates.
Comprehensive Investment Options
Invest in equities, mutual funds, IPOs, and other instruments, all tailored to align with the specific financial needs of NRIs.
Types of NRI Demat Account
Non-Resident External (NRE) Account
Allows NRIs to invest in India with the flexibility of repatriating funds back to their country of residence. This account is ideal for individuals earning income abroad who wish to invest in Indian markets without facing restrictions on fund transfers.
Non-Resident Ordinary (NRO) Account
Designed for NRIs looking to manage income earned in India, such as rent or dividends. While funds in this account are non-repatriable (subject to specific limits), it enables investments in Indian equities and other assets seamlessly.
Portfolio Investment Scheme (PIS) Account
Under the PIS framework, NRIs can invest directly in Indian stocks listed on recognized stock exchanges. This account ensures compliance with regulatory guidelines and simplifies equity investments.
Easy Tax Compilance for NRI Demat Account in India
Double Taxation Avoidance Agreements (DTAA)
Anand Rathi demat accounts for NRIs and adheres to DTAA provisions, avoiding double taxation in India and your country of residence.
Tax Deducted at Source (TDS)
For NRIs, TDS is applicable on various investment incomes, including dividends and capital gains. Anand Rathi’s advanced investment platform decodes and displays TDS deductions to avoid surprises.
Repatriation Assistance
Our expert team provides guidance on repatriating funds from India while adhering to RBI regulations, ensuring a smooth and tax-compliant transfer process.
Documents Required for NRI Demat Account
PAN Card
Passport
OCI/PIO card
Proof of address (Indian and overseas)
Specified bank accounts (NRE/NRO)
Regulatory Checklist for NRI Investments in India
1
Investing in India as an NRI is governed by comprehensive guidelines established by SEBI and FEMA:
2
NRIs can invest in Indian public markets through the Reserve Bank of India’s Portfolio Investment Scheme (PIS) linked to an NRE or NRO account
3
Share purchases and sales must happen through recognized stock exchanges.
4
Intraday trading and short selling of stocks is not permitted for NRI Demat accounts
5
NRI’s can invest in most sectors without restriction, with some limitations applicable in agriculture and real estate.
6
Depending on the duration and profit from the sale, NRI’s are liable to pay capital gains tax in India
FAQs
An NRI, or Non-Resident Indian, is an Indian citizen who resides outside India and meets specific residency criteria as detailed by India’s Income Tax Act.
Person of Indian Origin (PIO): A foreign citizen of Indian origin.
Overseas Citizen of India (OCI): A special status offered to PIOs for lifelong residency and travel privileges in India. Both can open NRI Demat Accounts.
NRIs must comply with SEBI, FEMA, and RBI guidelines, including routing investments through NRE/NRO accounts and adhering to the Portfolio Investment Scheme (PIS) for equity trading.
Short-Term Capital Gains (STCG): 15% on equity investments.
Long-Term Capital Gains (LTCG): 10% on equity gains exceeding ₹1 lakh. Other investment types may have different tax implications.
Yes, a Demat account is mandatory to hold shares and other securities in electronic form.
For NRI’s who have NRE/NRO bank accounts, opening an NRI demat account online only requires signing up with their chosen broker, completing KYC requirements, and linking their relevant bank account.
Yes, NRIs can invest in Indian mutual funds using NRE or NRO accounts. Repatriation options depend on the type of account linked to the investment.
NRIs cannot invest in certain sectors, such as agricultural and plantation businesses. However, equities, mutual funds, and fixed-income instruments are fully accessible.
FEMA (Foreign Exchange Management Act) governs foreign exchange transactions and ensures compliance with investment regulations for NRIs in India.
According to prevailing Indian laws, repatriation is specifically allowed through NRE accounts. Depending on the context, this may require additional documentation such as a certificate from a chartered accountant and RBI approval.
Yes, NRIs can apply for IPOs through their NRI Demat and trading accounts. Anand Rathi provides guidance to make the process smooth and hassle-free.
An NRI Demat Account opens the door to a wide range of trading and investment opportunities in India:
- Equity Investments
- Mutual Funds
- Initial Public Offerings (IPOs)
- Fixed Income Instruments
- Real Estate Investment Trusts (REITs)
- Derivatives Trading
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