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, US-based NRIs are required to open a PIS-enabled NRI bank account, if they want to invest in shares on a repatriation basis. To trade on a repatriation basis, you would need an NRE Trading, Demat, and Bank Account with PIS approval from RBI linked to it.
The RBI PIS approval is not needed to trade on a non-repatriation basis.
The PIS approval is also not needed edit to invest in Mutual Fund and Derivatives (stock and currency).
Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
