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Jainam Broking Limited NRI Account Review

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Full-Service Broker Clients: 2 Lakh+ Since 2003 NSE ยท BSE ยท MCX
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Written By: The Top Stock Broker Last Updated: SEBI data verified

Jainam Broking Limited NRI trading account

Jainam Broking Limited NRI accounts are governed by the RBI Portfolio Investment Scheme (PIS), so charges and rules differ from a resident account. A PIS bank account is mandatory for repatriable equity trading.

NRE vs NRO accounts

FeatureNRE (repatriable)NRO (non-repatriable)
Funds sourceForeign earningsIncome earned in India
RepatriationFreely repatriableLimited (USD 1M/year)
TaxationInterest tax-freeInterest taxable

What NRIs can & cannot trade

Set by RBI & SEBI โ€” the same at every Indian broker.

Equity Deliveryโœ” Allowed
Equity Intradayโœ— Not permitted for NRIs
Equity F&Oโœ” Allowed (non-repatriable, custodian required)
Currency / Commodityโœ— Not permitted
Mutual Funds & IPOโœ” Allowed (US/Canada residents restricted by some AMCs)
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