---
title: "Why are the account opening and brokerage charges higher for NRI's as compared to normal resident accounts?"
description: "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…"
category: account-opening
subcategory: nri
slug: why-are-the-account-opening-and-brokerage-charges-higher-for-nri-s-as-compared-t
canonical: https://support.arrow.trade/account-opening/nri/why-are-the-account-opening-and-brokerage-charges-higher-for-nri-s-as-compared-t/
---

# 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…

## Short answer

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 your NRI account. The operation of your NRI account requires continuous communication with PIS banks for settlements in PIS accounts and deduction and filing of TDS returns for Non-PIS accounts. You can learn about the trading process for NRIs in What is the trading process and rules for NRI accounts?

## NRI account charges

PIS: 0.5% or ₹200, whichever is lower per executed order.

Non-PIS: 0.5% or ₹50, whichever is lower per executed order.

Futures: ₹150 per crore charged monthly.

Options: ₹1,500 per crore charged monthly.

Depository Participant (DP) charge is applicable whenever shares are sold from the demat account.

GST of 18% on brokerage + SEBI charges + transaction charges is charged. To know the statutory charges like STT, GST, transaction charges, and SEBI charges, visit Arrow pricing and tariff sheet.

## Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name **Arrow**. Registered office: Gift City, Gandhinagar.

## Related

- Browse more in [nri](/account-opening/nri/)
- Open account: [kyc.arrow.trade](https://kyc.arrow.trade)
- Trade on Arrow: [app.arrow.trade](https://app.arrow.trade)
- Support: [support@arrow.trade](mailto:support@arrow.trade)

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Source: https://support.arrow.trade/account-opening/nri/why-are-the-account-opening-and-brokerage-charges-higher-for-nri-s-as-compared-t/
Publisher: Arrow / iRage Broking Services LLP