Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
Yes, NRI's are eligible to open and operate the demat account in India.
While a demat account can be opened by NRI without any approval from RBI, the NRI customer needs RBI PIS approval to buy/sell shares in India on a repatriation basis.
Note that the demat account is an online repository of shares. It's an online account similar to a bank account. It holds shares, Mutual Funds, ETFs and, Bonds etc. in electronic format.
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O