How to Open an NRI Demat Account Online Living outside India does not mean you have to stay away from Indian investments. If you are an NRI and want to invest in Indian shares or other securities, you can do so through the appropriate accounts and follow the rules that apply to non-resident investors. The process may look complicated when you first come across terms like NRE, NRO, PIS, and KYC. In reality, once you understand what each account does and have your documents ready, getting started is fairly straightforward. An NRI Demat account allows you to hold eligible Indian securities electronically while you are living overseas. What is an NRI Demat Account? A Demat account is used to keep investments in electronic form. Instead of receiving physical share certificates, the shares and other securities you purchase are reflected in your Demat account. NRIs can open a Demat account in India to hold eligible securities, subject to the rules applicable to them. Depending on the t...