Comment on NRI trading on Indian Stock Exchanges

Venkat commented on 06 Jan 2016, 08:08 AM

Hi Nitin/Venu,

1. USA based NRIs need to send notarized copies to open account with Zerodha. When you say *notarized copies* should this be *photocopied* documents after getting them notarized from Embassy? OR you need original notary stamped docs?

2. I currently have NRE account with Icici, but since you want it to be HDFC/AXIS, can I open NRE/NRO account by being in USA? Any contact who can guide on opening NRE account and getting PIS letter would be greatly appreciated.

3. Which bank works out cheaper interms of charges, HDFC or AXIS? Rough guidance would be helpful.

Thanks
Venkat

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