Comment on NRI trading on Indian Stock Exchanges

Venu Madhav commented on 05 Sep 2015, 03:06 PM

As per norm, you cannot have trading accounts with 2 different brokers. The PIS permission will be held only in respect of one bank/broker. You’d have to obtain a NOC from your older broker and provide it to your Bank asking them to map your account to Zerodha’s trading account. The documents required are mentioned above in the blog.

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