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Zerodha NRI Account 2026
India's largest discount broker — ₹0 equity delivery, flat ₹20 intraday/F&O and the clean, reliable Kite platform.
Discount Broker Clients: ~1.6 crore Since 2010 NSE · BSE · MCX
4.5/5
Zerodha NRI trading account
Zerodha offers NRI trading and demat accounts on both PIS (repatriable) and non-PIS (non-repatriable) basis. The PIS account is opened with a partner bank — Zerodha works with banks such as HDFC, Axis, IndusInd, Yes Bank and IDFC First — which reports your transactions to the RBI.
NRI charges (indicative)
| Account opening | Around ₹500 (plus bank PIS charges) |
|---|---|
| Equity brokerage | ₹200 or 0.1% per executed order, whichever is lower |
| Demat AMC | ₹300 + GST per year |
What NRIs can and cannot trade
| Equity delivery | Allowed |
|---|---|
| Equity intraday | Not permitted for NRIs |
| Equity F&O | Allowed on non-repatriable basis via custodian |
| Currency & commodity | Not permitted |
| Mutual funds & IPO | Allowed (US/Canada residents restricted by some AMCs) |
These restrictions are set by RBI and SEBI and apply at every Indian broker. Verify the latest NRI tariff on the official Zerodha website, as rates differ from resident accounts.
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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.
Frequently Asked Questions
Yes. Zerodha offers NRI trading and demat accounts on both PIS (repatriable) and non-PIS (non-repatriable) basis, in partnership with banks such as HDFC, Axis, IndusInd, Yes Bank and IDFC First for the PIS account.
NRI equity brokerage at Zerodha is ₹200 or 0.1% per executed order, whichever is lower. A PIS bank account is required for repatriable equity trading.
No. Per RBI rules NRIs must take delivery of shares and cannot do intraday equity trading. F&O is possible on a non-repatriable basis through a custodian.