NRI Services

Local Broker to Global Indians

Sushil Finance has a specialization in NRI servicing for over 2 decades now. We have been providing advisory services to our NRI clients for Investments in Equities, IPO & Mutual Funds. We cater to clients based in US, UK, Middle East & Asia.

Products Offered to NRIs
  • Equity Trading on BSE & NSE
  • Investments in Mutual Funds
  • Investment in Primary Market

Process Guidelines for NRIs
  • An NRI can operate either on NRE (Repatriable) or NRO (Non Repatriable) or on both NRE & NRO status. He should open an NRE/NRO –PIS A/c (portfolio investment scheme A/c) with the same branch of the bank.
  • He should apply for an RBI approval to invest in Indian Stock market through his designated bank branch.
  • NRI can have only one PIS A/c at a time with any bank in India.
  • Short term capital gain Tax if any will be deducted @ 17% by the bank.
  • Long term capital gain tax is abolished. (Investment over 1 year)
  • All the primary market transactions are routed through a normal NRE/NRO – savings A/c.
  • NRI cannot do day trading & short selling.
  • Only delivery based transactions are allowed.
  • NRI can trade in equity derivatives but on NRO basis only.
  • NRI cannot trade in Commodity & Currency derivatives
  • Funds can be remitted from an FCNR or NRE A/c.
Enquire Now
To Know More
Give a Missed call on – 08030636258

+91-22-40934071 / 72 / 73
Mon to Fri - 10.00 a.m. to 6.00 p.m. (except public holidays)
FINANCE WECONNECT to 56161
weconnect@sushilfinance.com