Are you a Non-Resident Indian (NRI) citizen looking for investment opportunities in India’s booming equity market?
NVS Brokerage Private Limited offers a One Stop Solution services to cater to the investment requirements of NRIs residing across the globe. NVS Brokerage Private Limited offers the art of online trading solutions to NRIs, so they can feel at home while taking investment decisions.
In addition, each NRI bank account is tagged as PIS or Non-PIS account. PIS (Portfolio Investment Scheme) is an RBI scheme through which NRIs and PIOs can buy and sell shares, mutual funds, bonds, etc, on the India stock exchange.
India is one of the fastest-growing economies in the world. Hence, it is considered favourable for investment purposes, especially for NRIs in Indian companies. NRI is a Non-Resident Indian who resides outside India. Moreover, for an NRI to trade in the Indian stock market, one must have a demat account. Also, the demat account for an NRI helps them to trade in bonds, stocks, IPOs, mutual funds and more.
Note:
A person must have an NRI Bank account, a PIS Bank account before opening a demat account with NVS Brokerage Private Limited.
PIS permission is required for NRIs to buy and sell stocks in India.
NRI customers can open PIS accounts with IDFC Bank, HDFC Bank, Kotak Bank etc.
NRI Trading Account allows NRIs to trade stocks, bonds, NCD, ETF, etc., from stock exchanges like BSE and NSE. The trading account is of 2 types depending on whether it is linked with your NRE or NRO bank accounts.