Difference between NRI PIS and Non-PIS Bank Account

NRI PIS and Non-PIS bank accounts allow NRIs and PIOs to invest in securities in India such as mutual funds, equity stocks, IPOs, ETF, bonds, etc. NRIs can open a PIS or Non-PIS account with any of the brokers in India like ICICIdirect, IIFL Securities, HDFC Securities, Zerodha, Angel Broking, etc. The investment purposes of NRI PIS and Non-PIS accounts are different. You must know the difference between NRI PIS and Non-PIS Bank account and open an account that suits your investment purpose.

Investing in India from USA – best investment options

India is one of the fastest growing major economies in the world. When most of the countries are reeling under recession or economic slowdown, India is marching ahead with a faster growth rate. This makes India one of the hottest investment destinations for domestic and international investors. There are various investment options in India for NRIs living around the world. Here we will discuss top reasons for investing in India from USA.

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