loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

How can we help you ?

Choose the category to find the help you need

    Announcements

    Everything You Need to Know About CAS Before August 3, 2026
    Read More
    NRI Account Back

    ICICI Direct NRI Account

    What happens to the Mutual Funds holdings after NRI to Resident Conversion?

    1.Mutual Funds Holding Treatment (to be done after conversion of Bank & Demat accounts)

    > If the customers hold Mutual funds, the customer should be directed to the Status Change link in the Mutual Fund section to convert the Mutual Fund folio status from NRE/NRO to Resident.

    > If the customer holds Folios in NRE Non-PINS, the migration of folios to the Resident account must be done separately.

    > If the folios are held in Demat form, all holding shall be moved as per the process mentioned above. No Separate form is required for conversion of status with AMC. Along with the status conversion in the Demat account, the folio status will also be changed to Resident.

    Points to Remember

    > All KYC documents must be scanned in Grey Scale.

    > The First 8 Digits of the Aadhaar number must be masked.

    > Any open positions in the NRI trading account must be cleared before processing.

    > Please mention all accounts held by NRI customers for conversion / closure in respective fields

    > Please tick only one bank account and demat account that needs to be converted. Only one bank and one demat need to be ticked.

    > If the customer holds an NRO Non-PINS, it can be converted to Resident Trading Account. Otherwise, new Resident Trading Account will be opened.

    > Existing investments, including stocks, mutual funds and SIPs are transferred/updated to the Resident Demat Account as per the applicable process during the conversion process

    What is ICICI Direct? What are the products offered by ICICI Direct? What is unique about NRI account offered by ICICI Direct? What is the 3-In-1 concept offered by ICICI Direct for an NRI account? What type of accounts does an NRI need to start investing with ICICI Direct? What are the advantages of using ICICI Direct? Which Equity segments can NRIs trade in? What are Types of account provided by ICICI Direct for NRI Services? Do NRIs need to apply separately for Portfolio Investment Scheme (PINS)? What type of accounts does an NRI need to start investing with ICICI Direct? Why is the NRI client unable to login and getting FATCA error? What is NRI re-KYC process? What is the process for converting NRI account to a Resident Account? What happens to the Bank, Demat, and Trading accounts after NRI to RESIDENT CONVERSION? What are the eATM Limits for NRI Customers? NRI client can view the capital gain & loss adjusted against their transaction initiated through PINS account online through ICICI direct portal? What is the process for converting RI to NRI ?