Repatriable Demat Account

Open a Repatriable Demat Account with Prathmesh Ventures

What is a Repatriable Demat Account?

A Repatriable Demat Account is specifically designed for Non-Resident Indians (NRIs), allowing them to invest in the Indian stock market while having the flexibility to repatriate funds to their country of residence. Repatriation means that NRIs can transfer the sale proceeds of their investments (capital and gains) to their foreign accounts, provided it complies with regulatory limits.

This account is primarily useful for NRIs looking to manage their investments in India and conveniently transfer their funds abroad.

Why Choose a Repatriable Demat Account?

A Repatriable Demat Account enables NRIs to invest in equities, mutual funds, bonds, and more, while enjoying the ability to remit the funds back to their foreign accounts.

Here are the key benefits of a Repatriable Demat Account with Prathmesh Ventures:

• Global Access to Indian Markets: NRIs can invest in Indian equities, bonds, and mutual funds, providing them with exposure to one of the fastest-growing economies in the world.
• Seamless Repatriation: Allows transfer of capital and gains to foreign accounts easily, within the limits set by RBI.
• Tax Benefits: NRIs with a Repatriable Demat Account may enjoy tax exemptions on certain investments as per the Double Tax Avoidance Agreement (DTAA).
• Convenience: Manage all your Indian investments in one account while living abroad.
• Expert Guidance: Our experienced team will guide you through the regulatory process and ensure that all your investments are compliant with local laws.

How to Open a Repatriable Demat Account with Prathmesh Ventures

Opening a Repatriable Demat Account is easy and straightforward. Follow these simple steps to get started:

1. Submit Your Account Opening Form: Fill out the online application form on our website to open your Repatriable Demat Account.
2. Provide KYC Documents: Upload necessary documents such as your passport, overseas address proof, PAN card, and a recent photograph to complete the Know Your Customer (KYC) process.
3. Link Your NRE Account: Ensure that your Repatriable Demat Account is linked with an NRE (Non-Resident External) Bank Account, as this is a requirement for repatriation of funds. The NRE account allows for the free transfer of Indian income to a foreign account.
4. Verify and Activate: Once your application is verified, your account will be activated, and you’ll be ready to start investing.

What You Can Trade with a Repatriable Demat Account

A Repatriable Demat Account with Prathmesh Ventures allows you to invest in various financial instruments in India:

• Equity Shares: Buy and sell shares of Indian companies listed on the stock exchanges.
• Mutual Funds: Invest in a wide range of mutual funds to diversify your portfolio.
• Bonds and Debentures: Invest in government or corporate bonds for steady income generation.
• Exchange-Traded Funds (ETFs): Trade ETFs for exposure to sectors or indices, offering liquidity and diversification.
• Government Securities: Access secure government bonds, ideal for low-risk long-term investments.

Key Features of Repatriable Demat Accounts

• 100% Repatriation: NRIs can freely transfer funds from India to their country of residence, subject to RBI regulations.
• Paperless Transactions: Conduct all transactions electronically, from anywhere in the world, without the need for physical certificates.
• Access to Indian Markets: Participate in India’s booming stock market, mutual funds, bonds, and other investment options.
• Multiple Asset Classes: Hold multiple assets like equities, mutual funds, bonds, etc., all under one Demat account.
• Nominee Facility: Secure your investments by assigning a nominee for your account.
• Safe & Secure: Trade with confidence, knowing your investments are protected by top-tier encryption and security measures.

Eligibility Criteria for Repatriable Demat Account

To open a Repatriable Demat Account, you must meet the following criteria:

• Must be an NRI (Non-Resident Indian) or PIO (Person of Indian Origin).
• Must have a valid NRE account linked to the Demat account.
• Provide valid KYC documents including passport, PAN card, and overseas address proof.
• Comply with RBI and SEBI guidelines on foreign investments.

Charges and Fees for Repatriable Demat Accounts

Prathmesh Ventures offers competitive pricing for opening and maintaining a Repatriable Demat Account. Below are the associated charges:

• Account Opening Fees: ₹0 (Free for a limited time offer)
• Annual Maintenance Charges (AMC): Affordable rates to ensure value for money.
• Transaction Charges: Low transaction fees for buying and selling of securities.

For detailed fee information, please visit our pricing page or contact our support team for further assistance.