Can an NRI link both NRE and NRO accounts to a single trading account?

Can an NRI link both NRE and NRO accounts to a single trading account?

While NRIs can open both NRE and NRO accounts with any Reserve Bank of India (RBI)-approved bank, when it comes to linking these with a trading account at FYERS, only one account can be linked at a time.

Account linking rules at FYERS

  • You must choose to link either an NRE or an NRO account, not both, to your FYERS trading and Demat account.
  • This selection determines your investment channel—repatriable (NRE) or non-repatriable (NRO).

If you're planning to trade in the Futures & Options (F&O) segment:

  • FYERS recommends opening an NRO Non-PIS account.
  • This allows you to trade seamlessly in both Equity Delivery and F&O, which isn’t possible with an NRE-linked PIS account.

What if...

ScenarioWhat you should know
You already have both NRE and NRO accountsYou’ll need to decide which one to use when opening your FYERS account
You linked NRE but want to switch to NROYou must complete a conversion request and provide fresh documentation
You try to link both accounts simultaneouslyThe system will reject multiple bank linkages for compliance reasons
If your trading goals include Equity F&O, the NRO Non-PIS route is the most flexible and regulatory-compliant path at FYERS.
Last updated: 25 Jun 2025
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