How to Open Demat and Trading Account
STEP 1
Pay one time fee
Your PIS/Non PIS account will be opened via SBNRI in SBM India limited
Open account (72hrs)
STEP 2
STEP 3
Get your IIFL login credentials in secret on your email and see your investments multiply
Demat access (72hrs)
We’re really excited when we get feedback from our users.
"My experience with SBNRI has been great! Easiest way of getting NRI Demat Account Online"
"Support at SBNRI is fabulous! It’s quick, effortless and efficient"
"It’s better to open an online Demat account through SBNRI and earn good interests on your unused money"
Just Apply. Let our tech do the rest.
Frequently asked questions.
1. What is NRI Demat account?
An NRI is not allowed to hold savings account in India therefore if you wish to trade in bonds, stocks, IPOs, mutual funds, and more, you mush opt for an NRI Demat account linked to an NRO-NRE to do so.
2. Why do have to pay to open an account?
You do not pay for your account. This is a one time fee against the platform service and to collect your documents from your overseas address. (we save your precious time and ask for limited documents)
3. How much time it takes to open an NRI Demat account?
If you have all your documents in place, it generally takes 7 days to pass on the login credentials to you.
Documents Required
- 5 million+ downloads
- Full-service broker (0.50% buy/sell)
- 4.2 star ratings from customers
- Zero AMC charges for 1st year
- Dedicated relationship manager(RM)
- Open NRI PIS account digitally with our partner bank SBM India limited.
Our Demat Partner and your Trading Broker
Platform for NRI Demat account
Benefits of opening a demat and trading account
NRI Investments in Indian Stock Markets grew 2x in FY2021
Open NRI Demat Account Online with
No Need to Visit Resident Embassy
- 24*7 Support
- Online Account Opening Process
- End-to-end Assistance in Account Opening
Below documents will be required to open your Demat & Trading account.
Simplifying Banking for NRIs
Services for NRI
Easy bank account opening under 10 minutes with best interest rates on your savings. account and deposits.
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Best rates for money transfer .
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Expert team for Investment, real estate/ insurance/ tax advisory, legal advisory.
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New age investment options in India ranging from 8% to 30% annual returns depending on your risk profile.
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Online Home / Car/ Personal Loans
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De-mat/PIS account for stock market investment in India.
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Looking for any particular service? Ask SBNRI Expert directly
SBNRI
With NRI specialised CAs and CPAs, file your Income Tax Returns & claim maximum refund on your taxes
