Non-Repatriable Demat Account

Open a Non-Repatriable Demat Account with Prathmesh Ventures

What is a Non-Repatriable Demat Account?

A Non-Repatriable Demat Account is an investment account specifically designed for Non-Resident Indians (NRIs) who wish to invest in Indian financial markets but do not plan to repatriate their funds abroad. Unlike a repatriable account, the funds and profits earned in this account remain in India and cannot be transferred to foreign accounts.

This type of account is ideal for NRIs who have income sources in India, such as rental income, dividends, or interest earnings, and want to invest that money back into Indian equities, mutual funds, or bonds without the need for repatriation.

Why Choose a Non-Repatriable Demat Account?

A Non-Repatriable Demat Account gives NRIs access to a wide range of investment opportunities in India while keeping their funds within the country. Here are the benefits of opening a Non-Repatriable Demat Account with Prathmesh Ventures:

• Retain Indian Earnings: Manage your income from Indian sources such as property rentals, dividends, or business profits efficiently by investing in Indian financial markets.
• Wide Range of Investment Options: Invest in Indian stocks, mutual funds, bonds, government securities, and more with ease.
• Tax Benefits: NRIs with a Non-Repatriable Demat Account may enjoy tax benefits under the Double Tax Avoidance Agreement (DTAA) between India and their country of residence.
• No Restrictions on Investment: There are no restrictions on investing the income earned in India, allowing NRIs to grow their wealth domestically.
• Ease of Operation: Manage all your investments with a single account, making it convenient to track your portfolio and returns.

How to Open a Non-Repatriable Demat Account with Prathmesh Ventures

Opening a Non-Repatriable Demat Account is simple and hassle-free. Follow these steps to get started:

1. Complete the Account Opening Form: Visit our website and fill out the online application form to initiate the account opening process.
2. Submit KYC Documents: Upload necessary documents such as your PAN card, passport, overseas address proof, and a recent photograph to complete the Know Your Customer (KYC) process.
3. Link Your NRO Account: Your Non-Repatriable Demat Account must be linked with an NRO (Non-Resident Ordinary) Bank Account, which is mandatory for holding funds that cannot be repatriated abroad.
4. Verification & Activation: Once your documents are verified, your account will be activated, and you’ll be able to start investing in the Indian markets.

Investment Options with a Non-Repatriable Demat Account

A Non-Repatriable Demat Account with Prathmesh Ventures provides access to a broad spectrum of investment opportunities:

• Equities: Buy and sell shares of companies listed on Indian stock exchanges such as the NSE and BSE.
• Mutual Funds: Invest in diverse mutual funds to spread risk and benefit from professional fund management.
• Bonds & Debentures: Invest in government and corporate bonds for stable and consistent income streams.
• Government Securities: Gain exposure to low-risk government-backed securities for long-term investment.
• Exchange-Traded Funds (ETFs): Invest in ETFs for sector-specific exposure or to track indices like the Nifty or Sensex.

With our Non-Repatriable Demat Account, you can manage a diverse portfolio, tailor your investments to your goals, and grow your wealth in India.

Key Features of a Non-Repatriable Demat Account

• Retention of Indian Funds: The account is designed to handle income and profits earned within India, such as rent, dividends, or salary.
• Tax Compliance: Prathmesh Ventures will assist you in ensuring that your investments comply with Indian tax regulations and the Double Tax Avoidance Agreement (DTAA) benefits.
• Paperless Transactions: Enjoy a seamless and paperless investment experience with all trades and holdings managed electronically.
• No Repatriation: As per Indian regulations, funds in a Non-Repatriable Demat Account cannot be transferred abroad.
• Unified Platform: Manage multiple assets including equities, bonds, and mutual funds under one Demat account.
• Nominee Option: Safeguard your investments by appointing a nominee to your account.

Eligibility for a Non-Repatriable Demat Account

To be eligible to open a Non-Repatriable Demat Account with Prathmesh Ventures, you must:

• Be an NRI (Non-Resident Indian) or a PIO (Person of Indian Origin).
• Hold an NRO (Non-Resident Ordinary) account linked to the Demat account.
• Provide the required KYC documents such as passport, PAN card, and overseas address proof.
• Adhere to the regulations laid out by SEBI (Securities and Exchange Board of India) and RBI (Reserve Bank of India).

Charges and Fees for Non-Repatriable Demat Accounts

We offer competitive and transparent pricing for opening and maintaining a Non-Repatriable Demat Account with Prathmesh Ventures:

• Account Opening Charges: ₹0 (Limited Time Offer)
• Annual Maintenance Charges (AMC): Nominal fee for maintaining the account.
• Transaction Charges: Low brokerage and transaction fees for buying and selling securities.

For a detailed fee structure, please refer to our pricing page or contact our customer support for assistance.

Why Choose Prathmesh Ventures for Your Non-Repatriable Demat Account?

1. Expert Support: We offer personalized guidance to ensure that NRIs are compliant with Indian investment regulations.
2. Advanced Trading Platform: Trade with confidence using our robust trading platform, which offers real-time market data, portfolio management tools, and comprehensive research.
3. 24/7 Customer Support: Our team of experts is available round the clock to assist with your queries and help you make the most of your investments.
4. Comprehensive Services: From equity trading to mutual funds and bonds, we provide all the tools and services you need to manage your Indian investments.

Get Started with Prathmesh Ventures Today!

If you are an NRI looking to invest in the Indian financial markets without the need for repatriation, a Non-Repatriable Demat Account is the perfect choice. Open your account with Prathmesh Ventures today and take advantage of our world-class services and expert guidance.

Ready to Invest? Open your Non-Repatriable Demat Account Now.

For more information, visit our contact page or get in touch with our support team.