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Thanks for watching🙏

Thanks for watching! I live near London and I have used post office services to get the docs verified & stamped. However, you can use below per Zerodha recommendation - If the KYC status is Non-resident, there is no need to notarize the documents. If not, the documents must be notarised by the Indian embassy, authorised officials of overseas branches of scheduled commercial banks registered in India, public notaries, court magistrates, judges, or the Indian embassy or consulate general in the country where the NRI resides. The attesting authority should affix a verified with original stamp, name, designation, authority or employee code, signature and date on the said documents. To check the KYC status, create a ticket and mention the PAN and date of birth. Please let me know in case you need any further information! Thanks!

Thanks for watching & your query! You need to complete KYC which is part of NRI Demat account opening process again. Central KYC will not work for NRI Demat account. Please let me know in case of any further questions. Thanks!

Hello, if you are Indian national living in Pakistan, then you can open NRI Demat account for investment in Indian Stock market but if you are Pak Citizen then you have to invest under Foreign Investment portfolio route for which details are given at link - support.zerodha.com/category/account-opening/nri-account-opening/process-nri/articles/what-is-the-procedure-for-a-foreign-national-to-open-an-account-at-zerodha#:~:text=Foreign%20nationals%20can%20open%20a,services%2Fforeign%2Dinvestors%2F.

Thanks for watching! Answer to your question is - If the KYC status is Non-resident, there is no need to notarize the documents. Please refer the link for more details - support.zerodha.com/category/account-opening/nri-account-opening/articles/how-to-open-an-account-as-a-nri Please let me know in case you have any more questions.

Hello & thanks for watching! Please find answers to your questions- 1. Yes, you need and NRI NRO A/c which can be easily opened with any nationalised public or private bank in India. If you already have any savings bank account in India, you can contact your bank and they can convert your existing bank account into NRO bank account. 2. You should open an NRI NRO bank account and then provide that details to proceed further. Without this NRI NRO bank account details you will not be able to proceed as this is requirement for NRI Demat account. Please let me know incase you have any more questions? Thanks!

@@WisdomExclusive thank you sir for the detailed information . Have a good day .

Thank you very much for watching! Please like, share & subscribe to the channel so that it reaches out to larger group of people and others can get benefits. Thanks 🙏

And is it compulsory to give nomination details?

There are 2 options to tick in check box - CDSL or NSDL. These are despository for share holding and you can select any of these. All other fields can be left blank.

@@apnainitiative8234 You should provide nomination details and earlier it was not mandatory but now slowly it has been mandatory. You can provide details of any family members here.. Thanks!

@@WisdomExclusive thanks for all and this informative video

Thank you very much for watching! Please like, share the video and subscribe to the channel if the content is useful to you 🙏

Hello, If you already have NRO/NRE account with any bank in India, it means your KYC status is NRI. Still, you have to complete the notorisation of the documents as this is requirement of the process of opening Zerodha NRI Demat account. Please let me know in case you have any more questions & I will be happy to help. Thanks for watching!

@@WisdomExclusive thanks for the quick response. I appreciate it a lot.

No problem, thanks!

Hello, IF you are an NRI and currently in India, then you can follow below steps - 1. Fill the application form as suggested in this video 2. Get the docs attested 3. Then send all the documents & application form to Zerodha in email as mentioned in this video 4. Zerodha will verify your docs in email 5. Take printout of all docs and send to Zerodha address 6. If you are outside India, you can do same steps from outside any other country If you are an Indian citizen living in India (NOT NRI) then process is simple. you can open account online from the link - zerodha.com/open-account/ Please let me know in case you have any more questions or doubt. Thanks!

Thank you very much for watching 🙏

Thank you very much for watching.. There was snow at Mount Titlis when we took cable car to go there... it was amazing...🙂

Thank you very much 🙏

Hi - Yes, all the Indian private banks and public sector banks provide this facility to convert your existing saving account to NRO/NRE accounts. You need to check with your bank if they can do it online for you through email /call. And yes, you have to complete the KYC again with new set of documents including foreign residential proof, VISA, PIO or OCI card etc.. Please let me know in case if you have any more questions. Thanks for watching.

@@WisdomExclusive thank you ! One last thing I had a Residential account for a while now I just discovered this rule and NRO stuff will my current bank incur a fine for not doing this earlier? Is it better to withdraw all cash and open NRO with new provider ? Thanks

@@vs9108 NO, there is NO fine or any problem. I did it myself after few months of becoming NRI. However, I would advise to have ICICI bank or HDFC bank for better online capability throughout the world but choice is yours. Please like and share the video and subscribe to the channel if the content was useful to you and let me know in case of any more questions. Thanks!

​@@WisdomExclusive thanks shared too :) 🙏

Thank you very much 🙏 and mention your any queries related to NRI banking, investment etc.. I will answer as soon as possible. Thanks 🙏

Thanks for watching! Glad you liked the information 🙏

Yes, you can open Zerodha NRI Demat account and use your NRO bank account to add money and do the investment. Please let me know in case you have any more questions. Thanks!

Hello - Please find below answers to your questions- 1. Technically, when you reside outside of India more than 182 days, you become NRI and therefore, you should open NRI demat account as its legal requirement 2. Yes, you can use VPN services and you might be able to open resident account thru VPN but you will NOT follow the rule and you might end up in more confusion & problems like ITR file, bank accounts in India etc... Also, other brokers have to follow the same rule like Angel or Upstox. It may sound difficult initially, but using your NRI account would be more beneficial and compliant to rule & laws. Please let me know in case you have any more questions? Thanks for watching! Please like, share & subscribe if you find the content useful. Thanks!

Thank you, can u plz suggest Best affordable VPN or any free VPN that we can access india​@WisdomExclusive

@@daisyy2371 Well you can try any free available VPN from google and see by yourself to suit your needs. I have been using ExpressVPN which is good and currently available £5 apporx per month if you have to buy. Thanks!

Hello - In this case, you can follow below steps- 1. Complete your KYC with Indian documents like Aadhar & PAN and reactivate your account 2. After activation, transfer your existing shares to your spouse as you mentioned and yes you can transfer to your spouse or any other family member resident account 3. After transfer is completed, close your current resident account. You can do this from zerodha app 4. Then, you can apply for NRI demat account as mentioned in this video and it is the process of Zerodha Please let me know you case you have any more questions. You can also reach Zerodha support team if you want - support@zerodha.com Thanks for watching; please like share and subscribe if you find the content useful. Thanks!

Hello, As an NRI you can ONLY open one Demat account under Portfolio Investment Scheme (PIS) route which you already have with Axis bank. But you can open multiple demat account under Non-PIS route to use more than one broker provided demat account. Please let me if you have any more questions. Also, in case you want to check with Zerodha or Upstox, please contact their support team - support@upstox.com; support@zerodha.com. Thank you very much for watching!

Hello - This is first time someone has asked this question. I checked everywhere but couldn't find exact answer to this question. However, I think either your employer address |(if overseas) or your Indian address should work. When you send your application to Zerodha over email, they will verify and ask you to change it if they feel it should be different. But if you want you can confirm beforehand by asking them either thru call or their email to avoid any confusion - The phone and email contact for Zerodha are - 080 4680 5727 or support@zerodha.com. Please let me know in case you have any more questions. Thanks for watching!

Hello- NO, you can't create account by yourself as of now. You have to wait for email communication from home office for the instructions as how to create UKVI account and apply for e-Visa. The notification mentioned that people will get mails in coming months. I have one friend who received email and rest are waiting including myself. Please let me know in case of any further questions. Thanks!

Okay.thank you

👍

Thank you very much for watching!

Thanks for watching! Please find below the answers to your questions - 1. Not exactly; your current residential account will be closed; so you either sell or transfer the shares to someone's else Zerodha account, may be family and then those can be transferred back to Zerodha NRI account. 2. Investments from other broker can also be transferred to Zerodha & process is here - support.zerodha.com/category/your-zerodha-account/transfer-of-shares-and-conversion-of-shares/transfer-securities/articles/how-do-i-transfer-shares-from-another-demat-account-to-my-zerodha-demat Please let me know in case of any further questions. Also, if you find the video useful; please consider subscribing the channel for similar content. Thanks!

Hello - Thanks for watching and subscribing! Please find below answers to your questions- Ans 1 - Yes, you can open NRO account in HDFC bank. Please see the link and details to open HDFC NRO a/c - www.hdfcbank.com/nri-banking/save/nri-accounts/savings-account/nro-savings-account Ans 2 - You have pay taxes for the income earned in India in NRO account. Please see details - www.hdfcbank.com/personal/resources/learning-centre/save/tax-implication-on-nro-account Ans 3 - Yes, you can use NRO account to invest through Non - PIS Zerodha Demat A/c in share market including SIP. You can also use NRO account to invest in mutual funds if you want. Ans 4 - If you want to open NRO A/c from India - You can do it either visiting branch or online as mentioned in ans1. For Zerodha, you have to fill the form and send scan copies to Zerodha in mail and after they verify your documents, then you have to send hard copies to Zerodha office. So, you can open both accounts from outside or inside India as per your choice. Yes, you can use residency permit as Visa or proof of foreign residence. Ans 5 - Yes, you can transfer funds from your NRO account to any other resident account. But please note that, you should only transfer to your NRE account in case of foreign transfer to avoid high taxes. Please let me know in case you need any more information. Thanks!

Thank you sir your reply 😘😘

@@WisdomExclusive sir ek question or hai agar possible hai to please guide me. I want to stay only four or five years more here in Qatar. After that I want to go to india. So i want to ask you sir which account good for me. So that I can start SIP in the Indian market and also invest money in mutual funds. And I don't have to pay much tax. I don't have any earning in India right now. Like NRO non pis account NRO PIS account OR NRE NON PIS account NRE PIS account Which one good for me.

@@PandiTParkash-de1pk You become NRI after 6 months of leaving India. So, you should convert your bank accounts to NRO/NRE account. The best way is to use Non-PIS Demat account which can be linked to NRO bank account and you can invest in Indian share market. Also, from Zerodha COIN App you can invest in mutual funds. Zerodha also recommends - NRO NON- PIS Account for most of the people. When you go back to India you can convert all your bank and Demat accounts to resident Indian accounts.Thanks!

In this case also- You will be considered as investor in India as you still hold shares whether you are using Zerodha or not. I would recommend to convert your account to NRI otherwise if you don’t use the account for a longer period of time, then it might be considered as dormant and you have to contact Zerodha or your demat broker to activate it. So to avoid such issues and become legally compliant you should convert your Demat to NRI. Please let me know if you have more questions. Thanks!

Hello- KYC will be done as part of application process by Zerodha. You don’t have to do it separately. Please let me know in case of any further questions. Thanks for watching 🙏

Thank you so much for your reply sir. I also want to know that I have my PAN and Adhar card photocopy with me but the originals are in India, so I need to have original with me or photocopy is ok? Moreover, do I need to post these documents or I can email them? And do I need to post original documents as well?

@@kmlbrar6496 - As you mentioned, your original documents , PAN and Aadhar are in India, in this case you can ask your family in India to do the attestation of supporting documents. You don't have to and you should NOT send original documents except in mail or online. For your case, you can follow below steps - 1. Fill the application form as suggested in this video 2. Ask your family in India to get the docs attested 3. Then send all the documents & application form to Zerodha in email as mentioned in this video 4. Zerodha will verify your docs in email 5. Ask your family to take printout of all docs and send to Zerodha address Please let me know in case you have any more questions or doubt. Thanks!

Hello, I am very well & thanks for watching! If you want to use Zerodha for investing in Indian stocks and mutual funds, please follow below steps - 1. First convert your Indian SBI bank account into NRO/NRE account if not already done. You can also open a new NRO & NRE bank account of your choice in any new bank. You can't use your foreign bank account to invest as NRI 2. Then you have to open NRI Demat account through Zerodha as explained in this video 3. Once account is opened, you can use COIN app of Zerodha to invest in mutual funds 4. Add funds to your Zerodha account through NRO bank account to buy mutual funds 5. You can also use KITE app of Zerodha for investing in stocks if you decide Please let me know in case of any question. Thanks!

@@WisdomExclusive thank you so much god bless you.

No problem! Happy to help 🙏

Hello, thanks for watching! In case of a foreign passport, a valid passport, visa and the PIO, OCI or resident card is required.. This is mentioned at Zerodha portal. You can provide your Portuguese passport or BRP along with OCI card of India. In both cases, you have to provide your Indian resident permit like OCI card, resident card etc.. In case of any other requirement, Zerodha team will contact you through email. Please let me know in case of any further queries. Thanks!

goan ?

Sorry, I didn’t understand, Can you please clearly mention about your question ?

Hello, YES - You need to get your BRP notarised as in UK and EU countries people get BRP after initial entry visa gets expired. If you are living in UK, I would recommend to get the photocopy of BRP, self attest it and go to the post office with original BRP to get this notarised. This is the easiest & cheapest method to get the documents notarised in UK through post office. Please let me know in case you need any further information. Thanks for watching!

You can also get your form notarised at the Post Office

@@finance-fix Yes, you are right and I have also advised post office as its cheapest & easiest in UK. Thanks!

Hello - Yes, absolutely! this is the whole purpose of opening NRI Demat account i.e. to buy & sell stocks. Please let me know in case you need any further information. Thanks for watching!

Hi Niraj - Thanks for watching and glad to know you found this video informative! Answer to your question - I only provided NRO bank account cheque as mentioned in document list while opening my account last year. However, they have now mentioned to provide the income proof as well and under that form 16 is mentioned, so I would assume they are asking for income proof from India. Newly added information from the link - support.zerodha.com/category/account-opening/nri-account-opening/articles/how-to-open-an-account-as-a-nri , * NRIs are mandated to submit income proof while opening an account due to their classification as Clients of Special Category (CSC). To learn more, see Who are Clients of Special Category (CSC), and when must they provide income proof? Income proof can be any of the following: .Bank statement or passbook for the last six months. .The latest salary slip. .Form 16 or Income Tax Return (ITR) acknowledgement. .Net worth certificate. .Statement of demat holdings. If I were you, I would provide Indian income proof as unless asked by Zerodha to provide external proof. Please let me know incase you need any further information. Thanks!

Thanks for finding it out, really appreciated!- you are absolutely right, Its last traded price.. Thanks!

Hello - Once all your documents is submitted to Zerodha it will usually take 3 days to open your account. If there are any missing documents, Zerodha will contact your through email to provide such documents. Please let me know in case of any further questions. Thanks for watching!

Hello - Glad to know that my video is useful for you! Please find below the answers to your questions - 1. If you still have Resident Indian Zerodha Demat Account - then yes, you need to either sell or transfer all your holdings including SGB to any other resident account ( may be of any other family member ) and then close the existing account. Then, you can open new NRI Zerodha Demat account. 2. IF you already have running mutual funds with your bank account, it will not be impacted after converting your bank account to NRO/NRE. You just have to complete the KYC again with either your individual funds or with CAMS/Karvy once. Please let me know in case if you have further questions. Thanks!

Also, rules get changed every day - so, I would suggest to check out with Zerodha directly in case of any confusion. The phone and email contact for Zerodha are - 080 4680 5727 or support@zerodha.com <support@zerodha.com> ▼

Hello, CDSL is depository service where your shares are stored and you need DEMAT account for that. CDSL TPIN is protection layer which is required to sell your shares from Demat account. So, in order to use CDSL TPIN you need Demat account. Please let me know if you have more questions? Thanks!

नमस्कार, आप इसे लगभग सभी निजी/कॉर्पोरेट बैंकों में ऑनलाइन कर सकते हैं। मेरा खाता आईसीआईसीआई बैंक में है और मैंने इसे ऑनलाइन इंटरनेट बैंकिंग के माध्यम से किया है। मुझे यकीन है, अन्य बैंक भी यही सुविधा प्रदान करते हैं। लेकिन यदि आपका बैंक ऑनलाइन सुविधा प्रदान नहीं करता है तो आपको अपने खाते को एनआरओ/एनआरई (NRO/NRE) खातों में बदलने के लिए अपने बैंक में जाना होगा। यदि आप मुझे बता सकते हैं कि आप किस बैंक खाते को परिवर्तित करना चाहते हैं, तो मैं आपके लिए जानकारी search kar सकता हूँ? Thanks!

@@WisdomExclusive I have mine account in Canara bank

@@utsavthakkar1287 Can you please check in your online banking account if you have option to raise service request for this? IF not, then I think you need to contact your bank. You can find phone or email address from the link - www.canarabank.com/UploadedFiles/Pdf/nri-cell-contact-details.pdf The whatsapp number - 90760 30001... You should be able to find all information or process from these contacts if your online account doesn't have such facility. Thanks!

@@WisdomExclusive yes I checked... It is available.

Great, you should be able to do now… Please let me know in case you have any questions for bank account or Zerodha account opening.. Thanks 🙏

Thanks for watching🙏

Hello, I would advise to do this in Oman itself if you can do.. it would be easy for you and then you can post docs to Zerodha in India. But if you want your family member can do in India as well. The complete document list can be found at link - support.zerodha.com/category/account-opening/nri-account-opening/articles/how-to-open-an-account-as-a-nri#:~:text=Self%2Dattested%20and%20notarised%20copy%20of%20the%20overseas%20address%20proof,or%20lease%20or%20sale%20deed Please let me know if you have any more questions. Thanks!

@@WisdomExclusive ok sir thank you.

Jai Hind Friend! - I would definitely recommend Non- PIS account for retail investor & I have done same for myself. A Non-PIS account does not require a permission letter from the RBI. In this account, funds only from an NRO bank (any NRO Bank) account can be invested. The Non-PIS account is recommended as it has fewer restrictions, lower costs, and a more effortless investing experience. On the other hand - A PIS account requires a permission letter from the RBI to buy and sell shares in the Indian markets. You can find more comparison from the link - support.zerodha.com/category/account-opening/nri-account-opening/pis-non-pis/articles/difference-between-pis-and-non-pis Please let me know in case of any further questions.Thanks for watching!

@@WisdomExclusive thank you so much for this 🙏

@@tabrezkazi1941 No problem! - Happy to help 🙏

Hello- No, you don’t need to change residential status in PAN card before applying to Zerodha NRI demat account. However, you should have NRO & NRE bank account. Please let me know if you have any further questions? Thanks for watching!

Hello, I left it blank as this is the annexture to application form signed by applicant. Zerodha might fill if they consider it necessary. I only signed the document and sent to Zerodha and my account was opened successfully. However, in case of any additional information Zerodha will reach out to you. Please let me know in case of any further questions. Thanks!

@9rushi - Thanks for watching! The process is similar, which means, if you wish to convert Zerodha Non PIS NRI a/c to Resident A/c.. you need to follow below steps - 1. Either transfer the existing shares into another domestic ( Indian Zerodha A/c of family member ) account or sell those shares 2. Close the NRI account 3. Open the online resident account You will not lose any share or money, you just have to follow the right steps. Refer the link from Zerodha for more details- support.zerodha.com/category/account-opening/nri-account-opening/oq-nri/articles/convert-nri-account-to-resident-account . Please let me know in case if you have any further questions. Thank you very much!