Which banks can be linked for NRO accounts with FYERS?

Which banks can be linked for NRO accounts with FYERS?

When opening an NRI trading account with FYERS, the type of account—PIS or Non-PIS—determines your options for linking a bank.

Banks for PIS accounts

For clients choosing to trade under the Portfolio Investment Scheme (PIS), FYERS supports partnerships with the following banks:

  • HDFC Bank
  • Axis Bank
  • Yes Bank

FYERS also assists with PIS bank account opening to streamline your onboarding process with these partners.

Flexibility for Non-PIS accounts

If you prefer to operate under the NRO Non-PIS account setup:

  • You can link any RBI-registered Indian bank to your FYERS trading account.
  • This includes public sector, private, or cooperative banks that support NRO accounts.

What if...

ScenarioWhat you should know
You already hold an NRO account with a bank not listedYou can still link it for Non-PIS trading
You want to convert from PIS to Non-PISYou'll need to delink the existing PIS bank and initiate the switch
You’re unsure which account is right for youContact us for tailored guidance based on your investment goals
If you're planning to trade in F&O, a Non-PIS account with any flexible NRO bank linkage is highly recommended for a smoother experience.
Last updated: 25 Jun 2025

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