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What documents are required to convert an NRO PIS account 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.

Type of document
Requirements
Account modification form
  • 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.
    Sample copy (PDF).
Tariff sheet

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?

Related articles

  1. What is the difference between a PIS and a NON-PIS account?
  2. How to open an NRO non-PIS account?
  3. How can NRIs add money to their Zerodha account?
  4. How is money settled in NRI accounts after buying and selling securities?

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