The ODFC helps both resident Indians (RIs) and non-resident Indians (NRIs) open Demat accounts. However, if an NRI wishes to open a Demat account, we need to ensure that all rules under the Foreign Exchange Management Act (FEMA) are correctly followed.
⭕ ODFC.app
📩 Email: ask@fema.in
📞 Chat: +91-8850585672
At the ODFC FEMA Helpdesk, we guide you in opening both Repatriable and Non-Repatriable Demat accounts as per the RBI norms. Every step—from account categorization to compliance—is handled with precision. When an NRI wishes to trade in the secondary market, our team assists you in obtaining the Portfolio Investment Scheme (PIS) license from designated banks in India. We ensure your PIS permissions and related Demat linkages meet RBI’s portfolio investment conditions.
As per the Reserve Bank of India (RBI), an NRI can hold up to 5% of a company’s paid-up capital. The ODFC Helpdesk extends special advisory support to investors participating in Initial Public Offers (IPOs). We help you manage funds on a repatriable basis using NRE Demat accounts or on a non-repatriable basis through NRO Demat and NRO bank accounts.
The ODFC team also assists those who held a Resident Demat account before attaining NRI status. Our team ensures smooth conversion into the NRO category, including coordination with brokerage firms for the seamless transfer of existing shares into a new NRO Demat holding.
At the ODFC, we provide complete solutions, account linking support, and tele-consultation assistance for NRIs worldwide. Whether it’s repatriation of funds or FEMA compliance filings, we ensure transparent and smooth transitions for all NRI investors.
⭕ ODFC.app
📩 Email: ask@fema.in
📞 Chat: +91-8850585672
