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Can I convert my existing account at Zerodha to an NRI account?

Resident individual accounts can only be converted into NRI-NRO trading and demat account and not an NRI-NRE account. The following documents are required:

Document Purpose/No of copies.
Account modification form ( PDF ) To update the bank and address details of the demat account.
Account closure form ( PDF ) For closing the resident account.
Account opening form ( PDF ) For opening an NRI-NRO account.
FEMA declaration ( PDF ) One copy
FATCA declaration ( PDF ) One copy, Tax Identification Number (TIN) must be filled in the FATCA declaration. The common TIN's are as follows: For USA - SSN, EIN or ITIN, for Canada – SIN, for UK - UTR or NINO, for Singapore - NRIC or FIN, for Australia - TFN. TIN's for other countries can be found by visiting the OECD website. Submit tax identity proof if applicable.
Client Details form ( PDF ) One copy
Photograph One. Paste on the KYC form that is part of the account modification form and sign across it.
Notarised Copy of PAN card² One copy, self-attested
Notarised copy of Overseas address proof² One copy of the following: Driving Licence/Foreign passport/Utility bills/Bank statement (not more than 2 months)/Notarised copy of rent agreement/Leave and licence agreement/ Sale deed.
In the case of an Indian Passport² Notarised copy of valid passport with the place of birth as India and copy of a valid visa.

In case of Foreign Passport² Notarised copy of valid passport and copy of PIO/OCI card.
Bank account proof A cancelled cheque leaf of the NRO savings bank account.
Nominee ID proof If a nominee is added to your account.

Send the documents to the following address (via post, registered post, speed post or courier):

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

The conversion will be processed within 8 working days once all the documents are received. For faster conversion, ensure the trading account balance is nil and there are no dues.

For charges related to NRI accounts, see What are the charges for NRI accounts at Zerodha?

See video tutorial on NRI Trading .


¹Share transfer from a resident account to an NRI(NRE) account is not allowed.

² Copy of PAN card, Passport, and Foreign address proof to be notarised by Indian embassy or any other competent authority like Consulate general / Notary public / Any court / Magistrate / Judge / Local banker in the country where the NRI resides.