+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
01 July 2020
Hits: 18235

Process for shifting NRE Trading and Demat Account from Existing Broker to ProStocks, when there is no change in PIS Bank :

  1. Write to your Present Stock Broker for providing you Close and Transfer Instruction Form for the closure of Demat Account and keep ready. It will zero cost for closure as well as shifting of your entire holding to your new Demat Account with ProStocks.
  2. Fill ProStocks Account Opening Form.
  3. ProStocks will open your NRE Trading and Demat Account.
  4. Go and submit close and transfer instruction to your Present Stock Broker. Your shares move to your New Demat Account with ProStocks.
  5. Submit Change of Stockbroker to PIS Bank.
  6. The above is valid where your Existing PIS bank is anyone out the following 5 Bank.
    1. Axis Bank
    2. HDFC Bank
    3. Indusind Bank
    4. Yes Bank

People in this conversation

  • Team ProStocks

Comments (4)

Sort by Oldest First
Sort by Latest First
Subscribe:
Email
  • Guest - Digambar Bhide

    about 4 years ago

    I am NRI with 4 Demat ac (2 NRO and 2 NRE - PINS and Non PINS) for more than 20 years.

    Want to know more about your services owing to lower brokerage and how to go about the change if I decide to join you.


    Bhide'

    Comment last edited on about 4 years ago by Team ProStocks Team ProStocks
    http://maps.google.com/maps?z=15&q=,
    Share
    Short URL:
    Permalink
  • Team ProStocks

    Guest - Digambar Bhide
    about 4 years ago

    Mr Digamber Bhide
    Please send email to [email protected] along with your contact number, so we can call and explain you.

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

    about 4 years ago

    I am an NRI for the last twenty years.

    I hold 4 trading accounts (demat and bank) with ICICI and ICICIDIRECT. Two are PINS and two nonpins.

    I understand for NRO account (non repatriable basis) I am allowed to trade Indian stock F&O and equities.

    Can I continue to have my four accounts with ICICI and open a NRO trading account with you?

    Rgds

    Bhide

    +91 97671 80265

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

    about 2 years ago

    @digambar Please let me know your review on prostocks...Is it good to trust...alll our stocks are safe to trade in NRI

    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