December 20, 2010 10:58 pm
I am NRI, where can i have my demat account (which bank /broker)?? it should be beneficial in terms of brokerage and other charges and the service… your reply will be of great help for me.
If you have NRE account with local India bank you can easily open DEMAT account. ICICIdirect, HDFC provides the facility.
Private banks in India will suggest for PMS. Do not opt for the same since the fees charged are higher and returns are not guaranteed.
You first need to open a PIO account with a bank, which is mandatory in case of NRIs.
Your email address will not be published. Required fields are marked *
Please subscribe me to your Email Newsletters
This site uses Akismet to reduce spam. Learn how your comment data is processed.
Download Our FREE Ebook!
Available only for first 100 people today
New here? Create an account