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Account Opening

How can the address registered with an NRI Zerodha be changed?

  • A citizen of India or a person of Indian origin who resides outside India for more than 182 days is known as a Non-Resident Indian (NRI). If a resident individual account is held after becoming an NRI, the account must be converted to an NRI-NRO account.
  • NRIs and Persons of Indian Origin (PIO) must ensure their residential status is marked as Non resident on the ITD website before opening an account. To learn how to update the status, see How to update the resident status of PAN for an NRI & PIO account?
  • If the KYC status is Non resident, there is no need to notarise the documents. If not, the documents must be notarised by the Indian embassy, authorised officials of overseas branches of scheduled commercial banks registered in India, public notaries, court magistrates, judges, or the Indian embassy or consulate general in the country where the NRI resides. The attesting authority should affix a verified with original stamp, name, designation, authority or employee code, signature and date on the said documents. To check the KYC status, create a ticket and mention the PAN and date of birth.
  • Equity F&O trading is not available by default with NRI accounts. F&O trading requires a Custodial Participant (CP) code with Zerodha partner, Orbis Financial Services for custodial services. See What are the trading restrictions for NRIs?

The address registered with a Non-Resident Indian (NRI) Zerodha account can only be changed offline, unlike resident individual accounts that can be changed online.

The table below shows the documents required to change the address:

Type of document Requirements
Account modification form
  • Account modification form (PDF).
    Sample copy (PDF).
  • Ensure that the signature on the account modification forms matches the signature in the existing account. The signature in the existing account can be found by visiting console.zerodha.com/account/documents, selecting Signature proof in the drop-down menu, and clicking on E-mail to me.
Foreign Account Tax Compliance Act (FATCA) declaration
Passport
  • Indian passport
    • Self-attested and notarised valid passport copy with the place of birth as India and a valid visa.
  • Foreign passport
    • Self-attested and notarised valid passport, visa and the PIO, OCI or resident card.
Address proof
  • Self-attested and notarised copy of the Indian address proof if available.
  • Self-attested and notarised copy of the overseas address proof. The address proof can be any of the following:
    • Driving licence
    • Foreign passport
    • Utility bills
    • Bank statement
    • Banker letter attested by the bank (on the bank's letterhead) (PDF)
    • Rental agreement or lease or sale deed
    • Mariner’s declaration or certified copy of Continuous Discharge Certificate (CDC) in case of Merchant Navy NRIs.

Once all documents are prepared, email soft copies of the forms to [email protected]. The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents to:

Zerodha,
153/154, 4th Cross, J.P Nagar 4th Phase,
Opp. Clarence Public School,
Bengaluru - 560078

₹25 + 18% GST will be charged to change the address. It can take upto 72 working hours to update the address.

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