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What are the different types of charges applicable on NRI trading?

NRIs can invest in listed Indian equities on BSE and NSE and also trade in equity F&O using an NRO account. Here is an indicative list of charges that NRIs have to pay on trading and investment in India;

  • NRE or NRO Bank account charges
  • PIS permission charges and PIS account AMC charges
  • NRI Trading and Demat account opening charges
  • NRI Trading and Demat account maintenance charges (AMC)
  • NRI trading brokerage charges
  • Demat debit transaction charges on sell of shares from NRI Demat account
  • NRI Custodial account opening fee for F&O trading
  • Other charges: exchange transaction fee, SEBI charges, turnover fee, Securities Transaction Tax (STT), GST, etc.
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