Yes, Angel One offers NRI Demat accounts. NRIs can open NRE or NRO Demat & Trading accounts through Angel One’s platform and invest in Indian stocks, IPOs, ETFs, and more using the RBI's PIS framework. The process is made simple and supports both repatriable and non-repatriable investment options. This means NRIs living in countries like UAE, USA, UK, Singapore, or Canada can easily invest in Indian stock markets through a smooth digital process.

What Is an NRI Demat Account?

An NRI Demat account is a digital account that allows Non-Resident Indians (NRIs) to hold and trade Indian shares and securities. Just like Indian residents, NRIs can also invest in stocks, but they need an NRI Demat and trading account. This account helps you keep your shares safe in electronic form and allows smooth transactions through the stock market.

Which NRI Account Types Are Available?

Angel One offers both NRE (Non-Resident External) and NRO (Non-Resident Ordinary) account options. NRE accounts are used when you want to send your money back to your foreign bank account, while NRO accounts are used to manage income earned in India like rent or dividends. Depending on your goal, you can choose the account that suits your needs best.

How Do NRIs Open an Account?

Opening an NRI Demat account with Angel One is easy. First, you need an NRE or NRO bank account. Then, you submit documents like passport, PAN card, visa, address proof, and bank proof. Once your documents are verified and approved, your Demat and trading account will be ready. The process is mostly digital, making it smooth and convenient for NRIs worldwide.

What Are the Required Documents?

To open an NRI account, you need a copy of your PAN card, passport, visa, overseas address proof, Indian address proof, bank statement, and a passport-size photo. These documents must be self-attested or notarized. You may also need a Portfolio Investment Scheme (PIS) letter from your bank.

Can NRIs Trade in Indian Stock Market?

Yes, NRIs can invest in Indian stocks using delivery-based trading. This means you can buy shares and hold them in your Demat account. You can also apply for IPOs and invest in ETFs. However, intraday trading, options, and futures are not allowed as per RBI rules for NRI investors.

What Are the Account Charges for NRIs?

Angel One charges ₹500 as account opening fee for NRIs, ₹450 as annual maintenance charge (AMC), and ₹36 per trade for equity delivery. These charges are reasonable and lower compared to many other brokers offering NRI services.

Can NRIs Repatriate Funds?

Yes, if you use an NRE account for trading, you can repatriate both capital and profits back to your foreign bank account. If you use an NRO account, the funds are non-repatriable beyond the allowed limit. Angel One makes this easy by linking your account correctly as per RBI guidelines.

Why Choose Angel One for NRI Account?

Angel One offers easy digital onboarding, low brokerage fees, and strong customer support for NRIs. You also get access to their mobile app and web platform, making it simple to track your investments from anywhere in the world. It's a reliable and trusted choice for NRIs looking to grow wealth in India.