NRI
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What special requirements do NRIs have?
For an NRI to invest in mutual funds in India: 1. You must have a PAN Card in India 2. You need t...
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Why don't you allow savings account for an NRI, PIO or a Mariner?
According to FEMA's regulation, it is illegal for NRIs to hold resident savings account in India....
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I am a PIO not residing in India, how do I get my Scripbox account activated?
Once you have created your Scripbox account with Resident status as PIO resident outside India, r...
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Can a NRI invest in mutual funds?
Yes. Please note, for an NRI to invest in mutual in India: You must not be residing in the USA or...
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Why can’t US and Canadian residents invest?
Unfortunately, due to regulatory restrictions of those countries, if you are a resident of the US...
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Can an NRI use a NRO bank account?
Yes
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Can an NRI use a NRE bank account?
Yes
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What taxes do NRI have to pay?
TDS is applicable for NRI investments in mutual funds. This is currently 31.2% on non-equity mutu...
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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?
If you had previously invested or continue to invest with Scripbox using funds in your NRE or NRO...
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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 ...