Can NRIs invest via Stockal?

Modified on Thu, 05 Jan 2023 at 06:06 PM

Yes, NRIs can invest through Stockal. If the funding is being done through their NRE account or a foreign bank account that does not fall under LRS, a direct online bank transfer can be performed. However, if an NRI wishes to add funds through his NRO account, he would have to submit a 15 CA & 15 CB form through a chartered accountant. To know more regarding fund transfers through an NRO account please reach out to your personal banker/relationship manager.

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