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 bank you can link to depends on whether you choose the PIS or Non-PIS account type.

Banks for PIS accounts

For clients trading under the Portfolio Investment Scheme (PIS), FYERS supports partnerships with:

  • HDFC Bank
  • Axis Bank
  • Yes Bank

FYERS can assist with the PIS bank account opening process to help complete onboarding with these partner banks.

Flexibility for Non-PIS accounts

If you opt for an NRO Non-PIS 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.
The choice of bank for NRO Non-PIS accounts is not limited to FYERS partner banks, provided the bank is RBI-registered and supports 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 type to chooseReview the differences between PIS and Non-PIS setups before account opening.

Last updated: 12 Aug 2025

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