Comment on NRI trading on Indian Stock Exchanges

Jd commented on 17 Aug 2016, 09:35 AM

What is the correct procedure for equity delivery transaction for NRI account?
I have HDFC PIS + Zerodha Trading & Demat
This is what I did….
1. Transfer money from HDFC NRE to HDFC NRE PIS Account
2. From Zerodha Funds menu, I transferred the money from NRE PIS account to Zerodha funds
Can I now buy the stocks using the balance that is shown under funds? Is this the right procedure?

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