For NRE Equity Delivery Trades:
ProStocks supports the following five Banks For NRE Trading and Demat Account : (in alphabetical order)
- Axis Bank
- HDFC Bank
- IndusInd Bank
- Kotak Bank
- Yes Bank
Most Stock Brokers in India do not support more than two Banks. ProStocks will open your Trading and Demat Account. ProStocks can help you to open your Bank Account. ProStocks banking partner will take care of picking up the courier, wherever you are in the world
For NRO Equity Delivery and NRO Equity Futures and Options Trade:
NRI need NRO Saving bank account to trade in Equity Delivery and Equity Futures and Options.
ProStocks allow NRO Saving Bank Account of any Bank (Yes, any Bank in India) for Equity Delivery and Equity Futures and Options Trades. Custodian account is not required for trading in Equity Futures and Options, when you trade with ProStocks. NRO PIS Bank account is neither required for Equity Delivery trades nor for Equity Futures and Options trade. ProStocks is Clearing Member and can clear trades for NRO Equity Futures and Options Trade in NSE and BSE. ProStocks is currently waved off whole clearng fees for NRO Equity Futures and Options Trade.
