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Can NRIs open a joint DEMAT account?

Yes, NRIs can open a joint account.

The PIS account and the trading account should be in the first account holders name. A resident individual can also be a joint account holder in an NRI Joint account. However, if the second holder is an NRI, They should submit the KYC documents along with FEMA declarations and the FATCA.

Need help? Call our NRI desk on +91-080 4719 2020 or create a support ticket here .