Yes, NRIs can open an Angel One account by following a few important steps. Angel One offers NRI Trading and Demat account services under RBI guidelines. NRIs can invest in the Indian stock market using either NRE or NRO accounts linked with PIS (Portfolio Investment Scheme). The process is mostly offline, and you will need to provide a few documents like passport, PAN card, and PIS letter. With this account, NRIs can trade in equity delivery and F&O (Futures & Options). However, intraday trading, commodity, currency, and mutual fund investment options are not available for NRI accounts on Angel One. This setup allows NRIs to invest in Indian markets easily from abroad and benefit from India’s economic growth.

Can NRIs Open an Angel One Account?

Yes, NRIs (Non-Resident Indians) can open a trading and Demat account with Angel One. They need to follow RBI rules and provide necessary documents. Angel One offers a smooth process for NRI account opening.

What Documents Are Required?

NRIs need to provide the following documents: PAN card, passport with visa, overseas and Indian address proof, recent photographs, PIS permission letter from bank, and NRE/NRO account proof. These documents must be self-attested or embassy-attested.

How to Start the Account Opening Process?

You can email scanned documents to Angel One’s NRI desk. After checking, they will guide you to print, sign, and courier the physical forms to their Hyderabad office. The account opening is done manually, but Angel One gives full support during the process.

Which Banks Support PIS?

Angel One works with major banks like Axis Bank, HDFC Bank, IDFC First Bank, IndusInd Bank, and Yes Bank for PIS services. NRIs must get a PIS permission letter from one of these banks before starting trading in Indian stock markets.

What Are the Fees and Charges?

Angel One charges ₹36 for trading account and ₹500 for Demat account opening for NRIs. The annual maintenance charge (AMC) is ₹450 per year. There is also a one-time lifetime AMC option for ₹2,950. Brokerage and other charges apply as per the trading volume.

What Can NRIs Trade?

NRIs can invest in Indian stocks (delivery-based) and trade in Futures & Options (F&O) through NRO accounts with PIS. However, Angel One does not allow intraday trading, mutual fund SIPs, commodities, or currency trading for NRI accounts as per RBI rules.

How Long Does It Take?

After you send the documents and complete all verification steps, the NRI account usually gets activated within 7 to 14 working days. Angel One provides updates and help at every step to make the process smooth and easy.