Scripbox

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I want to change my NRE or NRO bank accounts I am using for my Scripbox investments. How do I do that?

Due to COVID-19 outbreak, we are facing delays from KYC agencies & mutual fund companies with regards to bank, address and nominees change processes. We recommend you to defer raising these requests for a few weeks. When changing bank accounts...

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I am moving from India to abroad for a job or to study. Do I need to change my status to an NRI? How do I do so?

Once you become an NRI, you have to inform us. (Your resident status will be changed to NRI once you have typically completed 182 days after you have moved abroad. This is a regulatory requirement.) In order to invest with...

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Can a PIO with US or Canadian citizenship invest in mutual funds in India?

All PIOs/OCIs who are US and Canadian citizens can invest with Scripbox. (Irrespective of where they reside).

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Can an NRI residing in the US or Canada invest in mutual funds in India?

Yes, NRIs residing in the US and Canada can invest in some of the Mutual Funds in India. To know more based on your residential status, please click below:  NRINon-Resident Indian (Mariners)PIO not residing in India

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What is the difference between NRE and NRO account? Which one should I use when investing with Scripbox?

NRIs can have a Non Resident External (NRE) and Non Resident Ordinary (NRO) account to manage their incomes earned abroad and in India. Both are rupee designated accounts. NRE accounts a Indian rupee accounts that are freely repatriable to your...

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Why don’t you allow savings account for an NRI, PIO or a Mariner?

According to FEMA (Foreign Exchange Management Act) regulation, it is illegal for Non residents to hold resident savings account in India. You will need to convert your resident savings account into an NRO account. If you continue to use your...

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I am an Non Resident Indian (Mariners), how do I get my KYC registered and Scripbox account activated?

Once you have created your Scripbox account with Resident status as Mariner/Seafarer/Sailor and entered your current foreign mobile number with the country code, request you to contact us at help@scripbox.com / +91 9243-200-042 / chat and we will help you with the...

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I am a PIO not residing in India, how do I get my KYC registered and Scripbox account activated?

Once you have created your Scripbox account with Resident status as PIO/OCI resident outside India and entered your current foreign mobile number with the country code, request you to contact us at help@scripbox.com / +91 9243-200-042 / chat and we will help...