Non Resident Indian (NRI)
What are the charges for NRI accounts on Arrow?
NRI clients on Arrow deal with iRage Broking Services LLP as stock broker and depository participant. Brokerage and demat fees follow the Tariff Sheet…
What are the trading restrictions for NRIs?
As an NRI, you can invest in equity delivery and trade in F&O (derivatives) via NRO NON-PIS accounts. However, you will face certain restrictions…
What are the trading restrictions for NRIs?
As an NRI, you can invest in equity delivery and trade in F&O (derivatives) via NRO NON-PIS accounts. However, you will face certain restrictions…
What are the trading restrictions for NRIs?
As an NRI, you can invest in equity delivery and trade in F&O (derivatives) via NRO NON-PIS accounts. However, you will face certain restrictions…
What documents are required to convert an NRO PIS account to an NRO Non-PIS account?
You need to create a ticket with Arrow and submit the following documents to convert your NRO PIS account to an NRO Non-PIS account.
What documents are required to open an Arrow account as a foreign national or OCI residing in India?
You need to submit specific forms and supporting documents to open your Arrow account as a foreign national or OCI residing in India. All documents…
What documents are required to open an Arrow account as an NRI?
NRIs and Persons of Indian Origin (PIO) must ensure their residential status is marked as Non-resident on the ITD website before opening an account. If…
What documents are required to open an Arrow account as an NRI?
NRIs and Persons of Indian Origin (PIO) must ensure their residential status is marked as Non-resident on the ITD website before opening an account. If…
What is PIS? How NRIs Can Get a PIS Permission Letter
You can get a Portfolio Investment Scheme (PIS) permission letter through any RBI-authorised bank where you hold an NRE account. PIS allows you as an…
What is the “Provisional TDS amount blocked” entry in the ledger?
The Provisional TDS amount blocked entry appears on your ledger when you have a Non-PIS account, and iRage temporarily blocks funds for Tax Deducted at…
What is the difference between a PIS and a NON-PIS account?
NRIs can invest in India through two routes: PIS and Non-PIS. The differences between them are as follows:
What is the difference between an NRE and NRO bank account?
A Non-Resident Indian (NRI) cannot open a regular savings bank account in their name in India, and can only either open a Non-Resident External Account…
What is the procedure for a foreign national to open a trading account on Arrow?
The brokerage charges for Institutional accounts (PMS/AIF/FPI) differ from the regular Non-Individual accounts. To open an institutional account,…
What is the validity period for documents required to open NRI and non-individual accounts?
You must submit your NRI or Non-individual account opening form and supporting documents within their validity periods. Here are the specific validity…
When are notarised documents required to open an NRI account?
You need to notarise your PAN card, passport, and Indian and foreign address proof only if your PAN is not KYC verified as an NRI, as per CVL-KRA…
When are notarised documents required to open an NRI account?
You need to notarise your PAN card, passport, and Indian and foreign address proof only if your PAN is not KYC verified as an NRI, as per CVL-KRA…
Where are dividends credited to for an NRI account?
Your dividends are credited to the NRE or NRO bank account linked to your Arrow account. You can check the bank account linked with your Arrow account by:
Which banks can NRIs link with their Arrow account?
You can link different banks with your Arrow account depending on your account type.
Why are funds added to the PIS account not reflected in the Arrow account?
Your PIS funds may not appear in iRage for these reasons:
Why are the account opening and brokerage charges higher for NRI's as compared to normal resident accounts?
Your account opening and brokerage charges are higher as an NRI compared to a resident account because of the additional manual effort required to open…
Why do I need to submit an immigration document while opening an NRI account?
You need to submit an immigration document when opening an NRI account while visiting India because regulations require proof of your current physical…
Why is the error "Account already exists with this PAN for a different client code" displayed when opening an account?
The error is displayed in the following scenarios:
Why is there a mismatch between PIS account balance and Arrow balance?
Your PIS account balance differs from what you see on Arrow because iRage reduces certain amounts as part of risk management measures. This ensures…