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 can maintain an NRI demat account.
If you are an NRI and still hold a demat account which you opened when you were in India, it's important to close that demat account and open a new demat account for NRI. However, in case you do not plan to make any new investments you can continue holding the existing securities bought as a resident Indian in resident Demat account on a non-repatriation basis.
In a similar way, if you were an NRI and now moved back to India, it is required by law to close the NRI demat account and open another demat account.
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