1. Borrowing and lending in INR with relatives is permissible for NRI.
2. Borrowing from a relative is allowed up to $250,000.
3. NRI Cannot borrow or lend money to/from friends.
4. Relative is defined as per the Companies Act 2013.
5. Resident cannot lend money to anyone in foreign exchange.
6. NRI/OCI Cannot buy agricultural land but they are allowed to inherit the same.
7. NRI/OCI Cannot receive agricultural land as a gift.
8. Agriculture land includes farmhouses and plantations as well.
9. NRI Cannot invest in the business of chit funds.
10. NRI cannot invest in the business of buying or selling land.
11. NRI cannot invest in the business of trading in transferable development rights.
12. NRI can invest in the business of buying or selling commercial or residential real estate or construction of roads and bridges.

If you’re planning to manage your finances and investments in India, ensure you open a demat account for NRI to store and trade your shares and securities. NRI demat account opening online is an easy process, and with a NRO demat account, you can invest in Indian markets directly. Whether you opt for zerodha NRE account or zerodha NRI account, you need to know the documents required for opening DEMAT account in India for NRI. Additionally, understanding the best demat accounts for NRI in India will help you choose the right one for your needs.

If you're unsure of how your demat account for nri differs from a demat account for NRIs, it’s important to learn the key distinctions. The NRI demat account opening procedure ensures that you comply with all necessary regulations.

Also Read: Understanding the features and benefits of NRE accounts