Comment on Various Types of Accounts

SUNIL commented on 04 Nov 2015, 08:38 PM

Hi Team,

I have a just trading account with Zerodha which i opened when i was a resident back in 2010. Now I hold a NRI status. Most of my bank accounts in India now are NRE/NRO accounts. However my SBI bank account is still in resident status(I did not convert it to NRO/NRE yet) which is linked to my Zerodha trading account too. Now i want to participate in Equity in NSE/BSE for long term investements. I know that i might need a Demat account to do that as I currently hold only Trading account with Zerodha. Kindly let me know which kind of account and what bank account i need to use in order to participate in Equity market.

Regards,
Sunil

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