NRI Demat account Help

#1
Hello,

My Present resident status is NRI and would like to invest in the share market

Currently I have NRO and NRE Account and already applied for PAN CARD.

if i need to open a Demat account do I need to open only

1. DP account and 2. NRO-PIS account ?

Also, I dont wish to do an Online trading , the purpose is only to invest in shares.

If I open a PIS account what will happen to my NRO and NRE account ?

Do I Need to cancel my existing NRO/NRE account if I open PIS account ?

and then i can only send External income/money to the PIS account instead of NRE account ?

Is there any Demerits for a PIS account ?

is that ok to conclude, If an NRI wants to invest in Indian share, he has to open NRO account, DP account and PIS account and Pan Card ? is ther any other account want to be opened ?

Please advise and correct me ..

Thanks
 

Similar threads