Learn about issues you may face as an NRI and answers to them.
I am an NRI but I mistakenly registered as a Resident Indian. What should I do?
Please sign-in to Scripbox, click the notification bell icon, and click Modify Registration. You can then change your Investor Type from Resident Indian to Non-Resident Indian, enter your overseas ISD code and mobile number, and proceed from there. The India...
Is an Indian contact number and address mandatory to register as an NRI?
No, both are not required. However, if you have an Indian address and would like to provide it, it needs to be accompanied by a signed copy of your address proof when you submit your documents to activate your account.
I want to withdraw my investments into a NRE account. Are there any special documents you need?
No, as long as your NRE account is registered with Scripbox, you can withdraw to it without any extra documents. In some rare situations, some mutual fund companies may ask for a bank statement of the NRE account. We will...
I am permanently moving back to India from abroad. Do I need to change my status to a Resident Indian? How do I do so?
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. If you had previously...
Can non resident individuals invest in mutual funds in India?
Yes. You can invest in 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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