Can a resident 5Paisa account be used even after going abroad?
Yes, a
resident 5Paisa account can be used even after going abroad, provided that you
inform 5Paisa about your change of residency status. You may need to update
your account to reflect your non-resident status and comply with any regulatory
requirements. It's essential to check with 5Paisa for any specific procedures
or documentation needed to continue using your account while living abroad.
Related Articles
Can an NRI account be converted to a resident account?
As per the guidelines issued by RBI, NRI accounts are to be auto-converted to resident accounts upon a change in residency status from NRI to resident Indian. However, 5paisa does not offer NRI account opening or converting an NRI account to a ...
What documents are required to open an account for Limited Liability Partnership (LLP) at 5 paisa?
Limited Liability Partnership (LLP) accounts can be opened using offline mode. The specific documentation requirements for initiating a Limited Liability Partnership (LLP) account depend on the KYC/KRA status. To conveniently check the status, please ...
How to update the resident status of PAN for an NRI & PIO account?
To update the resident status, follow these steps: 1. Ensure your residential status is Non-Resident on the Income Tax Department (ITD) website: - Log in to the ITD website. - Verify that your residential status is set to Non-Resident. 2. Submit the ...
How to open a 5paisa Demat account offline?
If your mobile number is linked to the Aadhaar card, and you are a resident Indian individual then the Demat account process can be initiated online. Note- As per the regulations, new accounts cannot be opened if the PAN card number is not linked ...
Can I place order for IPO if my account is dormant?
It's important to clarify that the ability to apply for an IPO while your account is marked as dormant may vary depending on the policies of your broker or financial institution. While some brokers may allow IPO applications from dormant accounts, ...