What are the costs associated with converting my FYERS account to an NRO Non-PIS account?
Converting your resident FYERS account to an NRO Non-PIS account won't incur any additional costs. However, for details on the applicable brokerage and other statutory charges, please refer to this article.
If you're ready to start the conversion process for your Demat to NRO Non-PIS, register here.
Related Articles
Can I change my current FYERS account to an NRO Non-PIS account?
Certainly! Converting your existing FYERS resident Demat account into an NRO Non-PIS account is permissible. For detailed instructions on the conversion process, please register your details with us. We will guide you through the necessary steps.
What is an NRO Non-PIS account?
An NRO Non-Portfolio Investment Scheme (Non-PIS) account is a type of investment account that enables Non-Resident Indians (NRIs) to purchase and hold various Indian securities like equity shares, convertible debentures, preference shares, bonds, and ...
How long does it take to convert my FYERS account to an NRO Non-PIS account?
The duration to convert your existing FYERS account to an NRO Non-PIS account largely depends on the KYC (Know Your Customer) status of the NRI. Typically, the conversion process takes between seven to 10 business days. To initiate the conversion ...
What documents are needed to change my FYERS account to an NRO Non-PIS account?
If you're looking to convert your existing FYERS account to an NRO Non-PIS account, you'll need the following documents: PAN card Passport along with the latest immigration stamp page Foreign address proof Indian address proof NRO bank account ...
How can I transfer funds to my NRO Non-PIS trading account?
Transferring funds to your NRO Non-PIS trading account involves a process that varies based on the segment you wish to invest in: For Equity Investing: To participate in Equity Delivery, you can deposit funds into your FYERS account using any of the ...