Can I open an NRI account at Fyers? If Yes, How?
Yes, you can open an NRI account with us. The procedure is simple and can be opening with minimal paperwork. The documents required for opening a NRO Non-PIS Account are as follows:
Account opening form
PAN - one copy (Attested by a Competent Authority*)
Passport - one copy (Attested by Competent Authority*)
NRO Cancelled cheque -1 leaf (In case of non-availability, you can provide a bank statement of the NRO account)
Foreign address proof - 1 copy (Attested by a Competent Authority*)
Indian address proof - 1 copy (Attested by Competent Authority*)
FEMA declaration - 1 copy
FATCA - 1 copy
Client Details form - 1 copy (to confirm the details filled)
Nominee ID proof - 1 copy (In case you have added a nominee)
In the case of derivatives trading, CP code with Orbis Financials is mandatory.
Competent Authority:
Indian Embassy/Consulate General/Notary Public/Any Court/Magistrate/Judge/Local Banker in the country where the NRI resides. The attesting authority should affix a "verified with original" stamp, name, designation, signature, and date on the said documents.
To initiate the NRI account opening, kindly fill-in your details here.
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