What is the process to open a Demat account with Angel One if I am a resident of a foreign country?

By PriyaSahu

If you are living in a foreign country and want to open a Demat account with Angel One, you can do it by registering as an NRI (Non-Resident Indian) investor. The process includes filling an NRI application form, linking an NRI bank account, and submitting a few required documents. You can also contact Angel One support to guide you step-by-step.



What is the process to open a Demat account with Angel One from a foreign country?

If you are living outside India, follow these steps to open an NRI Demat account with Angel One:

  1. Visit the Angel One website and go to the NRI services section.
  2. Fill the NRI account opening form online or request a callback.
  3. Get a PIS (Portfolio Investment Scheme) permission letter from a designated bank.
  4. Open an NRI savings account (NRE or NRO) with a bank in India.
  5. Submit the filled application form along with required documents.
  6. Courier the signed documents to Angel One’s head office in India.
  7. Once verified, Angel One will create your trading and Demat account.

The process is simple, and Angel One support helps you at every step.



What documents are needed to open an NRI Demat account?

Here is the list of documents required for NRI account opening:

  • Copy of PAN Card
  • Passport (with valid visa page)
  • Overseas address proof (utility bill, bank statement, etc.)
  • Indian address proof (optional if not available)
  • Photograph (passport-sized)
  • Cancelled cheque of NRE/NRO bank account
  • PIS permission letter from bank

All documents should be self-attested and notarized by the Indian Embassy or a local notary.



Can NRE and NRO accounts be used for investing?

Yes, both NRE and NRO bank accounts can be used. NRE accounts allow repatriation of funds, while NRO accounts are for income earned in India. You can choose either account based on your investment needs and the type of income you receive.



Is online trading available for NRI investors?

Yes, Angel One offers a powerful mobile app and web platform where NRIs can trade in Indian stocks, mutual funds, and IPOs. After your account is opened, you can invest online from anywhere in the world with full access and security.



Why choose Angel One for NRI Demat account?

Angel One is a top-rated broker in India offering low-cost trading, easy-to-use platforms, and great customer support. They have a dedicated team for NRI services and guide you throughout the account opening process. It’s reliable, fast, and secure.



Contact Angel One Support at 7748000080 or 7771000860 for NRI account queries, document help, or investment guidance.

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