If you opened an NRE (Non-Resident External) or NRO (Non-Resident Ordinary) trading account with FYERS and did not place any trades within 24 consecutive months from the date of account activation, your account may be marked Inactive. This status is part of FYERS’ compliance obligations under SEBI and exchange regulations to monitor dormant accounts and prevent unauthorised use.
Note: Dormant Non-Resident External (NRE) or Non-Resident Ordinary (NRO) accounts can be reactivated only through offline re-Know Your Customer (re-KYC).
| Scenario | What you should know |
|---|---|
| Delayed fund transfers | If no trades are placed within 24 consecutive months due to NRE/NRO bank transfer delays, the account will be marked inactive. |
| Account already inactive | The account remains blocked for new trades until KYC reactivation is completed. |
| Not trading | Accounts with no trades in 24 consecutive months from activation are classified as inactive under SEBI guidelines. |