Hi Guys,
I am an NRI trading with PIS demat account .
I got a few doubts about resident trading account .
With my account i have to keep shares for 3 days minimum, ie the shares reach my damat account only after 3 days after buying , because of this im facing problems in selling at right time... in resident account how soon can u sell the shares? means minimum time.. ???
About charges, i get charged .65% .(apart from this i saw some where in PIS account application i read as 100 rs per transaction for pis account- which i havent seen them charging yet) what are the normal commission rates in resident account ???
I feel i must open a resident account when ever i come to india.as there are too many restrictions on nri accounts, whats ur opinion
I am an NRI trading with PIS demat account .
I got a few doubts about resident trading account .
With my account i have to keep shares for 3 days minimum, ie the shares reach my damat account only after 3 days after buying , because of this im facing problems in selling at right time... in resident account how soon can u sell the shares? means minimum time.. ???
About charges, i get charged .65% .(apart from this i saw some where in PIS account application i read as 100 rs per transaction for pis account- which i havent seen them charging yet) what are the normal commission rates in resident account ???
I feel i must open a resident account when ever i come to india.as there are too many restrictions on nri accounts, whats ur opinion