Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can I have one Demat account for securities on repatriation and non-repatriation bases?

April 26, 2017account bases demat non-repatriation Repatriation securities

0

Posted

Can I have one Demat account for securities on repatriation and non-repatriation bases?

1 Answer

0

Posted

No. A Demat account can be opened either on repatriation or non-repatriation basis. Thus, any purchases made on non-repatriation basis have to be credited t the Demat account opened on non-repatriation basis.