Local Broker to Global Indians | NRI Services - Sushil Finance
NRI Services

Local Broker to Global Indians

Sushil Finance has a specialization in NRI servicing for over two decades now. We have been providing services to our NRI clients for Investments in Equities, IPOs & Mutual Funds. With 579 Clients and a corpus of Rs.466 Crore, we have been catering to investors spread over a wide geography covering the US, UK, Singapore, Dubai, Australia, Bangkok, Saudi Arabia, Canada.

Products Offered to NRIs
  • Equity Trading on BSE & NSE
  • Investments in Mutual Funds
  • Investment in Primary Market
  • Other incidental services

Process Guidelines for NRIs
  • An NRI can operate either on NRE (Repatriable) or NRO (Non-Repatriable) or on both NRE & NRO status. He should open an NRE / NRO – PIS A/c (Portfolio Investment Scheme A/c) with the same branch of the bank.
  • He should apply for an RBI approval to invest in the Indian Stock market through his designated bank branch.
  • NRIs can have only one PIS A/c at a time with any bank in India.
  • Short-Term Capital Gains Tax if any will be deducted @ 15% by the bank.
  • Long-Term Capital Gains Tax if any will be deducted @ 10% by the bank.
  • All the primary market transactions are routed through a normal NRE/NRO – Savings A/c.
  • NRIs cannot do day trading & short selling.
  • Only delivery based transactions are allowed.
  • NRIs can trade in equity derivatives only through NRO-Savings Account.
  • NRIs cannot trade in Currency derivatives
  • Funds can be remitted from an FCNR or NRE A/c.
Enquire Now
To Know More
Give a Missed call on – 08045936028

+91-22-40934038 / 71 / 73
Mon to Fri - 10.00 a.m. to 6.00 p.m. (except public holidays)