NRI Desk

NRI Desk

A non-resident Indian (NRI) is an Indian citizen or a person of Indian origin who stays abroad for employment, business or vocation outside India, or stays abroad under circumstances indicating an uncertain duration. This page is exclusively for NRI, There are a huge number of Indians who are working abroad or will go abroad one day and work there. who wants to know more about the for his/her investment in our country – INDIA.

Steps required by NRI’s to start
trading in Stock Markets

Apply for a PAN card (you can do it online). You will get it within a week. Open a NRE/NRO account. You will require this account to fund money for your stock market transactions. Make sure you choose the account carefully, depending on your requirement (Repatriable/Non-Repatriable basis etc.). Apply for a general approval for investment in Indian Stock Market through it’s designated bank branch, this is called PIS (Portfolio Investment Scheme). Once you have a PAN card, you’ll have to open a combo Trading + Demat account at SPREAD X
Note that NRI’s are not allowed to do intra-day trading (can’t buy and sell on the same day).

Benefits of Investing in Mutual Funds

Enjoy 100%
Paperless journey