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Can NRIs invest in India online? mutual funds and stocks? |
I am a NRI living in Toronto, Canada and looking for information how can i invest in India. I beleive that NRIs can invest in India. Glad you liked my answer, thanks for voting. ya.. you can online ,,you have to start with good nationalise bank in india having demat facility also. you can invest directly and your gains will be higher than Indian nationalist as banks has policy to pay 1/2 % extra intrest on your investments as saving ac and in mutual funds by SBI or other banks it is sound and safe. NRI can invest in india without any kind of legal hurdles. NRIs can invest in Indian stock markets. There are certain procedures to be followed. Please contact Mr Banish on his New Delhi handphone:9312254140. He is a friend of mine and is working with a leading stock brokers. Give him my name i.e. Rangarajan. He will help you. yes u can invest in India for that u got to open up an nre ac in one of the bank i think hsbc n citi bank is good as i hv also in them or u can also do in sbi n though thm do trading thy charge us some money but it is worth paying n start with mutual fund first n than go for equity n i recommend go for hsbc as thyhv only reputed company fund u hv to consult their financial adviser n rest thy do the work u hv to only regularly send money in ur save ac al the best |
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