A Step-by-step Guide To Opening An NRI Demat Account In India
Metra Trust
Looking to invest in equity shares, bonds, ETFs, mutual funds, etc. which are listed on the stock market? You need a Demat and Trading Account.
Here’s how to open one.
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Getting started
Decide What kind of account suits your needs – NRE (Repatriable) or NRO (Non-Repatriable). Reach out to Metra Trust to open an NRE PIS or NRO Settlement account or both.
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Broker Selection
Choose any one of bank’s tie up broker to open demat and trading account. Take note of the charges involved.
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Application
Complete your demat and trading account opening procedure with the broker that involves form filling and KYC submission.
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Documentation
Submit relevant KYC documents for account opening like ID proof, overseas address proof, PAN Card, passport and bank account details etc.
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To get you started, Metra Trust provides you online option to open Portfolio Investment Scheme (PIS) account through mobile app and web
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Once all your account is set up, you can invest in IPOs through Metra Trust Mobile app or web and trade in stocks through the broker’s account.