Comment on NRI trading on Indian Stock Exchanges

Nithin Kamath commented on 04 Dec 2016, 08:34 PM

Through PIS route means you have to open a PIS account with your bank. All stock/funds settlement are handled by your bank. We charge Rs 200/trade for NRI clients coming through PIS. Non PIS route means, you can open a normal resident trading account mapping your NRO bank account to the trading account. Brokerage is 0 as applicable to Indian residents.

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