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.
For clients trading under the Portfolio Investment Scheme (PIS), FYERS supports partnerships with:
FYERS can assist with the PIS bank account opening process to help complete onboarding with these partner banks.
If you opt for an NRO Non-PIS setup:
Scenario | What you should know |
---|---|
You already hold an NRO account with a bank not listed | You can still link it for Non-PIS trading. |
You want to convert from PIS to Non-PIS | You’ll need to delink the existing PIS bank and initiate the switch. |
You’re unsure which account type to choose | Review the differences between PIS and Non-PIS setups before account opening. |
Last updated: 12 Aug 2025