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Account for NRI

 
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Author Account for NRI
venra
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Joined: 24 Aug 2012
Posts: 1

Post: #1   PostPosted: Tue Feb 11, 2014 3:20 pm    Post subject: Account for NRI Reply with quote

Hi,

I would like to know about the process to open an account for NRI's.What are the requirements and what segments can be traded? Which bank account you can link with,eg: Zerodha only Axis Bank NRI account.

Thanks,
Venra.
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TradeJini
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Joined: 02 Jan 2014
Posts: 37

Post: #2   PostPosted: Tue Feb 11, 2014 4:26 pm    Post subject: Reply with quote

NRI can trade in both cash and Derivative segment in Equity. NRE A/c can be used for cash segment and for Equity Derivatives you need to have a NRO A/c.

we offer service through YES Bank for our NRI Clients. For more details on account opening procedure, please write to us at help@tradejini.com or call us at 080-4020 4020
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newinvestor
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Joined: 16 Feb 2010
Posts: 120

Post: #3   PostPosted: Tue Feb 11, 2014 4:35 pm    Post subject: Reply with quote

TradeJini wrote:
NRI can trade in both cash and Derivative segment in Equity. NRE A/c can be used for cash segment and for Equity Derivatives you need to have a NRO A/c.

we offer service through YES Bank for our NRI Clients. For more details on account opening procedure, please write to us at help@tradejini.com or call us at 080-4020 4020


What are your Brokerage charges for Equities as well as Futures and Options
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TradeJini
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Joined: 02 Jan 2014
Posts: 37

Post: #4   PostPosted: Tue Feb 11, 2014 5:53 pm    Post subject: Reply with quote

Equity - Cash Segment (Delivery) - Brokerage is 0.10% or Rs.20 per order whichever is lower.

Equity - Intra-day(cash) and F&O - brokerage is 0.01% or Rs.20 per order whichever is lower

Happy trading welcome1
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