Archive · 3 Sep 2026
Best Apps for Opening NRI Demat Accounts in India
An NRI is an Indian citizen or person of Indian origin who lives outside India.
An NRI Demat account can help them invest in eligible Indian shares and other products.
The article lists several platforms, including Groww, Zerodha, and bank-backed services.
Groww offers a digital Non-PIS NRO route and does not require a PIS letter.
Other platforms may connect investing services with NRE or NRO banking accounts.
NRIs should compare fees, documents, investment choices, and account rules before choosing.
They should also check whether investments can be transferred abroad under applicable repatriation rules.
The article says its information is sponsored and that ThePrint journalists did not write it.
Groww offers digital Non-PIS NRO onboarding without requiring a PIS letter, provided investors have an active NRO bank account.
Zerodha, ICICI Direct, HDFC Securities, Kotak Securities, Axis Direct, Motilal Oswal, and Angel One also offer NRI investment services or facilities.
Available products, account structures, charges, documentation, and investment restrictions vary across platforms.
NRIs should compare NRE/NRO support, eligible products, repatriation rules, KYC requirements, customer support, and digital features.
The article is a paid-for sponsored piece, and ThePrint says its journalists were not involved in reporting or writing it.
- Who
- Non-Resident Indians seeking to invest in eligible Indian financial products.
- What
- A comparison of apps and platforms for opening and managing an NRI Demat account in India.
- Where
- Indian financial markets, managed by investors from outside India.
- Why
- To help NRIs compare account options, investment products, charges, onboarding processes, banking integration, and support.
- Featured digital route
- Groww offers a Non-PIS NRO Demat route that does not require a PIS letter.
- Groww bank requirement
- An existing active NRO bank account can be linked to Groww without opening a new bank account.
- Products mentioned
- Eligible products may include stocks, F&O, mutual funds, ETFs, IPOs, bonds, and other securities, subject to rules and availability.
- Key account choice
- NRIs should determine whether they need an NRE or NRO account.
- Selection factors
- Important considerations include fees, KYC, remote onboarding, repatriation rules, country support, customer service, and investment restrictions.
- Sponsorship disclosure
- ThePrint BrandIt identifies the article as paid-for sponsored content and says ThePrint journalists were not involved in reporting or writing it.