If you are an NRI and confused on how to invest in India, this video walks you through the A-Z of investing in India, including which account is ideal for you and the account opening procedures for that.
The best part? You can get your documentation vetted online before sending it as a courier, thus saving a ton of your time on back and forth!
Here are the articles we spoke of, in the video:
Difference between NRE and NRO account:
How to open an NRI trading account on Zerodha (and difference in PIS and Non PIS):
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Here are the articles we spoke of, in the video:
Difference between NRE and NRO account: https://bit.ly/3S3Pw0U
How to open an NRI trading account on Zerodha (and difference in PIS and Non PIS): https://bit.ly/3UaQ5b6
Here is your link to opening your demat account on Zerodha: https://bit.ly/3iYKROh
Subscribe to my all new Shorts channel, warikoo Shorts, and learn personal finance and career tips in less than 60 seconds! https://t.co/pMdPNe4Quf
My first book is out now! The title of the book is also my life motto: "DO EPIC SHIT"
Get yours NOW: https://ankurwarikoo.com/doepicshit
what about foreign nationals(not nris and ocis) investing in india
What if I am already investing in stocks and mutual funds while in India and now I am going abroad to soon become an NRI, how would my existing trading accounts and mutual fund portfolio be affected?
Very well explained! Thank you! from a procrastinating wannabe investor
Can US Citizen NRI invest in India mutual fund?
Better late than never…. excellent video!
Can you recommend apps or portal like indmoney, smallcase etc that NRIs can use as most apps ask for Indian mobile number to send OTP. Keep it up 👍
Please don't say NRIs vs Indian Citizens. NRIs are also Indian citizens, just that they are not resident in India for tax purposes. Also, I don't think your explanation about NRO and NRE accounts is correct. When you are an NRI, you can own both. When you become a Resident Indian (on return to India), then the account ownership is different. Don't think this is well understood from your video
How to transfer funds from bank to zerodha account
Sir I truly appreciate you for all ur efforts. I am nri. I hv both accounts but I nvr knew the difference even they dnt knw properly or prefer not to explain. Ur videos r very helpful for millions. Thanku so much sir 😊
Bro, English version please
Hello Ankur, even though I usually don't comment much on social media, today I feel compelled to do so. I recently went through your book, "Do epic Shit," and to be honest, I read the entire book in one sitting. Despite not being particularly studious or a book enthusiast, this is the first book I've ever finished in one go. Your book has provided me with valuable insights, and I'm actively incorporating the points into my life. and indeed your video is very helpful. Thank you.
Well more then explaining anything about NRIs investing in india stock market it seems more like a marketing video for ZERODHA. Honestly Ankur i was expecting much better content from you .
bahut complicated hai bhai
Dear AnkurJi,
I wanted to express my gratitude for providing such valuable information. I would greatly appreciate it if you could assist me in addressing the following two questions:
1. Is it possible for NRI's to invest in SIPs after opening a Zerodha account?
2. Is there a process for transferring my existing SIP account from PaytmMoney to Zerodha? If so, could you please provide me with the necessary documentation or links?
Thank you very much, and I look forward to receiving your response and guidance.
Zerodhq bed company he
Too good…detail info..5 stars..
What will happen to my current mutual fund investments if I become a citizen of different country?
@warikoo, This is the kind of video i have been looking for. Short, Sweet and to the point. Burp is excused btw 🙂 . I have a question though, lets say i add my dad to my NRO account. I made money on the stocks. Can i transfer the amount to my dad other account and transfer that money to US account. I dont want to do that. But trying to understand if that is possible to do.
Thanks Bruder.. no wonder why you have 3.62 mil subscribers
Sir, can OCI holder invest in the mutual funds in zerodha. What are the requirements. I have an nri account with Icici.
Thanks
My dear you solved most of my queries in one go.Thankyou Warikoo.I have few more left.Can I ask?
@2.30 you mention that in NRE account one can deposit in foreight currency ? So If I send money from UK to India it will stay in UK currency and not be converted to Indian currency ? Is that right ? And can I trade in Shares uning UK currency?
NRIs having a horrific law for NRIs as they have to undergo nearly 23 per cent TDS deduction when they sell a property in India leaving them at the mercy of the buyer..
Excellent explanation. However, I have few questions. I have account with ICICI Direct and they have given me four account PINS NRE, PINS NRO, non-PINS NRE and non-PINS NRO accounts. What's the difference between these. First, two are very clear that we can invest Foreign Money and Indian money but what are other two accounts meant for?
Hi Ankur – I already have a Demat account for last few years and have been using it to invest while I was in India. My status has recently changed to NRI, can I continue using the same account?
While I am thankful to the presenter and the channel for making this video.
But at the same time, I like to warn every NRIs about current dubious Indian government and policies. Repatriation of money from India to any foreign country was always costly and complicated, and now the bank related RED tape is all time high.
Before 2016, every NRI, I know would keep 10k-50k Indian rupees at home throughout the world, to use it during the next India trip. But after 2016 and 2023 (2k) demonetization, no NRI keeping any Indian rupees and now most of the foreign bank do not exchange Indian rupees.
When its comes to withdrawing money from Indian bank (specially government bank), forget about NRI, even Indian citizens had hard time. My parents and every senior member of my family were harassed every 3-6 months with frozen accounts, just because they are not online users. Before 2016 without court approval no bank could freeze any account. But now it's legal for banks to freeze any bank account including senior citizens without any court order. Death of democracy.
Final nail in coffin, most of the banks in India are government banks. and they will never provide paperwork on time. So in case of conflict there will be court case as "you vs government of India, where no citizens (Indian or NRI) ever going to get justice.
Does NRI category include OCI holders?
Bro I'm from Pakistan how to invest in Indian stock market
Hey Ankur. Looks like NRIs from US and Canada are not allowed to invest in Mutual Funds through Coin
Indian citizen nhi hosakta – NRE account holder ~~RIP your information.