+91 22 62 43 43 43   

  • Call Me
  • Open Account
    • Open an Account
    • Fill Online Application
  • Margin Calc
  • IPO
  • Trading Login
    • ProStocks STAR
    • ProStocks Star Colo
    • ProStocks Star Web (Beta)
  • Backoffice Lite
ProStocks.comProStocks.comProStocks.com
  • Login
    • ProStocks STAR
    • Backoffice Lite
    • Backoffice Advance with Silver Light
  • Home
  • NRI
    • NRI Trading
    • Non-PIS NRO Trading
    • NRI Brokerage Calculator
    • NRI FAQs
  • API
    • ProStocks Star API
    • API Documentation
    • API SDK
  • Pricing
    • Pricing Plans
    • Brokerage Calculator
    • Margin Calculators
    • Trading Account Charges
    • Demat Account Charges
    • Stamp Duty Charges
  • Why Us
    • Why ProStocks?
    • Compare Brokers
    • Refer & Earn
    • Become a Partner
  • Trading
    • Trading Platforms
    • Collateral Pro
    • Fund Transfer
    • Trading Holidays
    • Minor Account
    • HUF Demat Account
    • FoxTrader
    • CDSL eVoting
  • Support
    • Contact Us
    • FAQs
    • Downloads
    • User Guide
    • Advance IVR
    • Blog
    • Press & Media

Return To ProStocks

  1. ProStocks
  2. Support
  3. FAQs
  4. NRI FAQs
NRI FAQs
17 January 2017
Hits: 24903

Can I have more than one stock broker linked to my NRO Saving Account?

ProStocks Now offer NRO Trading and Demat Account without NRO PIS Bank Account i.e NRO Non-PIS Trading and Demat Account. This account can be used for Equity Delivery, Equity Intraday as well as Equity Futures and Options (FNO). In FNO not only you are allowed short-sale but intra-day trades also. You can have NRO Savings Bank Account in any Bank in India, yes in any of the more than 122 Banks in India. There is no linking required as this is NRO Non-PIS Trading and Demat Account.

People in this conversation

  • Shahab Khan
  • Team ProStocks

Comments (5)

Sort by Oldest First
Sort by Latest First
Subscribe:
Email
  • Guest - Amiya Maji

    about 8 years ago

    Is the above rule for NRE Accounts too? Please give me the link of RBI regarding the above rule (both NRE & NRO A/cs).

    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink
  • Team ProStocks

    Guest - Amiya Maji
    about 8 years ago

    You cannot have Multiple NRE PIS Bank but can can have multiple NRE PIS Bank account linked with same PIS Number with one Bank. NRI can have only one NRE PIS Bank at a time. Many Banks allow split of NRE PIS Account where you can have Two NRE PIS Account one linked with their in house Broking Company and another with third party Broking Company. You can write to [email protected] giving your Name Email Id and Contact Number and thereafter you can call us on particular number to discuss in detail.

    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink
  • Guest - Mathew Varghese

    about 5 years ago

    I am an NRI living in UK. I already got NRE and NRO demat account with icici direct. I got pis letter. I also got NRE HDFC bank account also. Whether you need another pis letter for hdfc bank. How to apply pis letter whether I have to contact HDFC branch. I am paying too much brokerage charges. How I can open an trading account with you.

    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink
  • Guest - Vivek Nagarajan

    about 4 years ago

    Am an NRI , I wish to open 2 trading account with single pis account , is it possible?

    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink
  • Shahab Khan

    about 3 years ago

    My name shahab Khan and I am New in this

    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink

Stickies

Lovies

Login to post a comment

Register · Forgot password

Post comment as a guest

    0

    Popular FAQS

    • What is KRA, KYC and IPV?
    • What is DP ID and beneficiary ID in Depository?
    • Who can open account with ProStocks?

    Categories

    • Account Opening
    • Trading
    • Demat
    • Fund Transfer
    • NRI FAQs
    • Back Office
    • Margin
    • Pricing

    Request Call Back



    Please check the reCAPTCHA box.


    • About Us
    • Fund Transfer
    • Fund Transfer FAQs
    • Downloads
    • Sitemap
    • Testimonials
    • Trading Holidays

    Need Help?

    Mumbai Office:
    B-50, Pravasi Estate, Goregaon (East), Mumbai - 400063

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

    Email: [email protected]

    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]

    Privacy Policy | Disclaimer | Management Policy and Procedure | Investor Charter | Risk Disclosures on Derivatives | KMP Details | Procedure for Filling of Complaint | CKYC | Voluntary Freezing | NATIONAL FINANCIAL LITERACY QUIZ (NFLQ)

    • NSE
    • |
    • BSE
    • |
    • RBI
    • |
    • AMFI
    • |
    • FM
    • |
    • CDSL
    • |
    • SEBI
    © , ProStocks

    ProStocks, A Sunlight Broking LLP Venture

    Please wait while we are processing your request.

    Loading...
    • Login
      • ProStocks STAR
      • ProStocks Star Web (Beta)
      • Backoffice Lite
      • Backoffice Advance with Silver Light
    • Home
    • NRI
      • NRI Trading
      • Non-PIS NRO Trading
      • NRI Brokerage Calculator
      • NRI FAQs
    • API
      • ProStocks Star API
      • API Documentation
      • API SDK
    • Pricing
      • Pricing Plans
      • Brokerage Calculator
      • Margin Calculators
      • Trading Account Charges
      • Demat Account Charges
      • Stamp Duty Charges
    • Why Us
      • Why ProStocks?
      • Compare Brokers
      • Refer & Earn
      • Become a Partner
    • Trading
      • Trading Platforms
      • Collateral Pro
      • Fund Transfer
      • Trading Holidays
      • Minor Account
      • HUF Demat Account
      • FoxTrader
      • CDSL eVoting
    • Support
      • Contact Us
      • FAQs
      • Downloads
      • User Guide
      • Advance IVR
      • Blog
      • Press & Media

    Request Callback for New Account

    Please check the reCAPTCHA box.

    Call Me Now

    For NRI callback, please submit request from NRI Trading