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As an NRI account holder, where will the dividends be credited?

Dividends will be credited to either the NRE or NRO bank account linked to the Zerodha demat account. To check the bank account linked to your demat account, check the primary bank account on, or you can also check the CMR copy, see What is a CMR copy and where can I get it?

The dividend is credited by the RTA (Registrar and Transfer Agents). If the RTA cannot credit the dividends directly to the NRE account, they will send a cheque to the registered address. Dividends are subject to applicable taxes before being credited to your bank account. In the case of a Non-Resident shareholder, TDS is deducted at a 20% rate plus surcharge and cess.