How to Convert a Zerodha Account to an NRI Account?
Submit these documents to change an individual resident account to an NRI account. NRI-NRO trading and demat accounts are available for conversion but not NRI-NRE accounts.
| Purpose/Number of Copies | |
| Account Modification Form (PDF) | Used to update bank and address details for the demat account. Ensure that the signature on this form matches the existing one. Check the existing signature by visiting console.zerodha.com/account/documents, selecting Signature proof, and requesting it to be emailed. |
| Account Closure Form (PDF) | For closing a resident account. Ensure the signature on this form matches the existing one. Check the existing signature through the same process as mentioned above. |
| Account Opening Form (PDF) | Required for opening an NRI-NRO account. |
| FEMA Declaration (PDF) | One copy required. |
| FATCA Declaration (PDF) | One copy required. Ensure the Tax Identification Number (TIN) is provided, based on the country’s standards. Refer to oecd.org/tax/automatic-exchange/crs-implementation-and-assistance/tax-identification-numbers/ for guidance. |
| Client Details Form (PDF) | One copy required. |
| Demat Debit and Pledge Instruction (DDPI) | Optional form allowing brokers to debit shares from the demat account. Alternatively, shares can be sold without this form using the CDSL TPIN. |
| Photograph | One copy needed for pasting on the KYC form included in the account modification form and for signing across it. |
| Notarized Copy of Marriage Certificate | Required if the name has changed due to marriage. |
| Notarized Copy of PAN Card | One copy required, self-attested. |
| Notarized Copy of Overseas Address Proof | One copy required from the provided options: driving license, foreign passport, utility bills, banker letter (attested by the bank in PDF), or notarized copy of rental agreement/lease/sale deed. |
| Indian Passport | Notarized copy of valid passport with place of birth as India and copy of a valid visa. |
| Foreign Passport | Notarized copy of valid passport and copy of PIO or OCI card. |
| Bank Account Proof | Submit a cancelled cheque leaf from the NRO savings bank account. |
| Annexure B (PDF) | Used to update the name in the demat account according to the latest documents. |
| Self-Declaration (PDF) | Required if there’s a minor mismatch in the name between supporting documents. |
| Income Proof | Choose one of the following: bank statement/passbook for the last six months, latest salary slip, Form 16/Income Tax Return (ITR) acknowledgement, net worth certificate, or statement of demat holdings. |