What are the costs involved in converting to an NRO Non-PIS account?

What are the costs involved in converting to an NRO Non-PIS account?

Converting your existing resident FYERS trading and Demat account to an NRO Non-PIS account is free of charge. There are no conversion or account-modification fees, and FYERS support will guide you through the documentation and compliance steps at no additional cost.

Brokerage and regulatory charges after conversion

While the conversion is free, standard brokerage and statutory charges apply once your account is active under NRO Non-PIS:

SegmentCharge
Equity delivery0.5% or ₹50 per executed order (whichever is lower)
F&O trading₹50 per traded order
Clearing charges (Orbis)₹150 per crore for Futures; ₹1500 per crore for Options

For a full list of statutory charges (STT, GST, stamp duty, exchange/SEBI fees), see the FYERS Pricing section.

For detailed instructions on how to convert your account, refer to our NRO Non-PIS conversion guide.

Even after conversion, your Demat account number remains the same—only the compliance category and bank linkage are updated to reflect your NRI status.

What If...

ScenarioWhat you should know
Converting from NRE PIS to NRO Non-PISFYERS will assist with delinking the PIS setup and mapping your NRO account.
Unsure about post-conversion chargesRefer to the FYERS Pricing section or contact support for clarification.
Accidentally transferring funds from NRE after conversionUse only the linked NRO account for future transactions to avoid compliance issues.

Last updated: 08 Aug 2025