Do I need to maintain separate funds for equity and F&O segment in my NRI account?
Yes, Non-Resident Indians (NRIs) using an NRO Non-PIS account at FYERS must maintain separate fund allocations for Equity Delivery and Futures & Options (F&O) trading.
Fund allocation overview
For Equity Delivery:
- Transfer funds directly into your FYERS trading account via the Funds section.
- Ensure the funds originate from your linked NRO bank account.
- For detailed instructions, refer to the fund transfer page.
For Equity F&O:
Funds must be routed through our custodian, Orbis Financial Corporation Ltd. Use the following bank details when transferring:
| Field | Details |
|---|
| Account number | 201015731248 |
| Bank | Indusind Bank Ltd. |
| Account name | Orbis Financial Corp. Ltd |
| IFSC code | INDB0000033 |
| Branch | Fort Branch, Mumbai |
| Account type | Current account |
What if...
| Scenario | What you should know |
|---|
| You transfer F&O funds to your FYERS account | These cannot be used for derivatives. F&O funds must go to the custodian’s account. |
| You accidentally mix funds | Contact us to assist with correction or reallocation |
| You plan to trade in both segments | Make two separate transfers: one to FYERS and one to Orbis Financial |
Always include your client code in the transfer remarks to avoid any processing delays.
Last updated: 24 Jun 2025
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