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NRI FAQs

Can I have primary account holder as my mom (resident in India) and secondary account holder as me? How does it affect the tax rate?

No. In Depository Account, Status and Sub Status is captured of First Holder Only. There is no option in the software to capture status and sub status...[details »]

What is the tax rate for the Non Resident on long term equity or ETF?

Prior to 1st February,2018 All long term equity and equity linked investment (like ETF) sold on recognized Stocks Exchange (BSE and NSE) through Stoc...[details »]

 What is the advantage for NRI over the resident?

NRI does not have any advantage over Resident Indian except money brought-in in foreign currency and invested through PIS route can be taken abroad po...[details »]

What are the documents required to open NRI Repatriation Benefit (NRE) account with ProStocks?

Following are the document required for opening NRE Trading and Demat account: Self-certified copy of PIS permission letter issued by the Banker A...[details »]

What are the account opening charges for NRI Trading and Demat Account?

The following are the online and offline account opening charges for NRE and NRO Trading and Demat Account of NRI with ProStocks: For Equity Intr...[details »]

What is the AMC for NRI Trading and Demat Account?

Annual Maintenance Charges (AMC) for a trading account with ProStocks is Nil (Zero). The Demat Account for NRIs is lifetime free (no AMC) with Rs 100...[details »]

What all documents are required for Custodian Account with IL & FS?

ProStocks is now Clearing Member for Equity Futures and Options. You are no longer required to open custodian account with ISSL or anyone when you d...[details »]

Who are the banking partners for NRI Demat & Trading Account?

For NRE Equity Delivery Trades: ProStocks supports the following five Banks For NRE Trading and Demat Account : (in alphabetical order) Axis Bank H...[details »]

NRE or NRO, Meaning, Benefits, Compare, Difference, which is better?

NRE or NRO or Both Account with ProStocks ProStocks is Stock Broker, Depository Participant and Clearing Member for NRI Equity Futures and Options Tr...[details »]

What are the documents required to open NRI Non Repatriation Benefit (NRO) account with ProStocks?

Following are the document required for opening NRO Trading and Demat account: Self-certified copy of PAN card. Self-certified copy of Overseas addre...[details »]

How would I transfer money to my ProStocks Trading account for NRI trading?

NRE Trading and Demat Account : You need to keep balance in your NRE PIS Bank Account (do not transfer to ProStocks) for buying Limits/exposure/margi...[details »]

How much leverage is provided for trading for NRI's?

As per RBI regulations, NRI's are required to settle their purchase and sale transactions in exact rupee amount. Hence no leverage can be provided for...[details »]

What is Portfolio Investment Scheme (PIS)?

Portfolio Investment Scheme PIS is the scheme of RBI through which NRIs and PIOs can purchase and sell shares and convertible debentures of Indian com...[details »]

What is PIS Account?

PIS stand for Portfolio Investment Scheme. Any NRI or PIO holder wishing to invest in Indian Share Market on repatriation benefit basis must have PIS ...[details »]

Is there any limit for purchase by NRIs under the PIS?

Each NRI can purchase  maximum of 5% equity shares of listed company subject to overall limit for listed equity shares of each company on repatriatio...[details »]

For NRI to register for EKYC what is the process?

Please register yourself on https://digitalkyc.prostocks.com/ on left hand side. Please fill your name, email id and International Area Code and Mobil...[details »]

I have NRO Bank account, what type of account I can open with ProStocks?

NRO Trading Account for Equity Futures and Options (derivatives) Trades : NRIs are allowed to invest in futures & options segment of the exchang...[details »]

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Mumbai Office:
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Call us on +91 22 62 43 43 43 / +91 22 46 60 77 77

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Sunlight Broking LLP
Registered Office:
327, Govindam Tower, Old RTO Road, 3rd Floor, Gandhi Nagar, Bhilwara, Rajasthan, India 311001

Registration Numbers:
SEBI Regn. No.: INZ000048660 INDP2802016 | BSE Member code: 6635 | NSE Member code: 90084 | CDSL DP ID: 12083200 | AMFI Registration No (ARN): 119535


Attention Investors

Prevent unauthorized transactions in your demat account. Update your mobile number with your depository participant. Receive alerts on your registered mobile number for debit and other important transactions in your demat account directly from CDSL on the same day.
Prevent unauthorized transactions in your trading account. Update your mobile numbers/email address with your stock brokers. Receive information of your transactions directly from the Exchange on your mobile/email at the end of the day. This is issued in the interest of investors.
Client Registration Documents in Vernacular Languages can be download from here.
Facility of Clearing Corporation for verification of Client Collaterals , please register on this link
Investment in stock market are subject to market risk.
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
KRA-KYC is one time exercise while dealing in securities markets - once KRA-KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund, etc...), you need not undergo the same process again when you approach another intermediary. As a business we don't give stock tips, and have not authorized anyone to trade on behalf of others. If you find anyone claiming to be part of Sunlight Broking LLP and offering such services, please send us an email to [email protected]

Investor Grievance: NSE | BSE | SCORE | SMARTODR | CDSL | [email protected]

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