How can an NRO PIS account be converted to an NRO Non-PIS account?
To convert an NRO PIS account to an NRO NON-PIS account, create a ticket with the following documents:
-
Account modification form
(PDF):
Mention the NRO PIS details under
Existing details
and the NRO Non-PIS details under
New details
and sign in the
First/Sole Holder or Guardian (in case of minor)
box.
-
Tariff sheet
(PDF):
Sign in the
Client Signature
box.
It can take up to 7 working days to update the new details. An email will be sent to the registered email ID once it is done. Do not initiate any transactions until the confirmation email is received. The PIS account can be closed after the NRO-Non-PIS account is mapped to the Zerodha account.
Once the NRO-Non-PIS account details are updated, if there are any discrepancies in the buy average, the same can be updated. See, Why is the buy average for some shares shown as N/A?
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