How to Open a Demat NRI Account
If you are looking for an investment in the Indian stock market by NRI, then opening Demat is a prerequisite for investing. When planning your investment, you do not need to visit India to open your Demat account. You are directly linked to an Indian stockbroker who provides the NRI Demat account service. In addition to brokers, there are a number of Indian banks, government and private banks to provide Demat account facilities to NRI investors. Open a Demat account and you will be able to easily materialize your entity shares.
If you are planning to open a Demat account in India, you need to remember a few things. The main advantage of opening an account is to eliminate the risks associated with physical certificates. With this account, you will get regular portfolio monitoring to help you with regular reporting. Some brokers even offer the option to buy or sell a single stock and there is no fixed limit for the minimum number of lots.