What is the difference between NRI Demat and Normal Demat Account?

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.

As the name suggests, the NRI Demat Account is a demat account for NRIs. The Normal Demat Account is for India resident customers.

Comparison of NRI and Normal Demat Account

NRI Demat Vs Normal Demat Account

	NRI Demat Account	Normal Demat Account
Account Types	NRI Repatriable (NRE) NRI Non-Repatriable (NRO)	Ordinary Resident
Demat linked with	NRE or NRO Bank Account	Saving Bank Account
Charges	Same	Same
Corporate benefits like dividend, interest, rights, bonus, etc.	Auto deposit into the linked NRE or NRO bank accounts	Auto deposit into the linked bank account
Services Offered	Same	Same

Note:

Demat AMC may be different for NRI customers with foreign communication address.

Topic: NRI Demat Account Defenition Feedback

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