We are pleased to announce our partnership with TaxBuddy, a leading tax solutions provider, to offer specialized services for Non-Resident Indians (NRIs). By leveraging TaxBuddy's expertise, we aim to address the unique tax challenges faced by NRIs, providing you with the necessary tools and knowledge to manage your financial obligations effectively. Through this collaboration, we provide:
- Educational Webinars: Regular sessions led by Indian tax law experts, focusing on NRI-specific taxation topics to enhance your understanding and keep you informed about the latest developments.
- Personalized Tax Filing Assistance: Benefit from a dedicated service relationship manager who will guide you through the tax filing process, ensuring accuracy and compliance with Indian tax regulations.
- Comprehensive Portfolio Analysis: Utilize TaxBuddy's services to gain a 360° view of your investments. This tool identifies strengths, weaknesses, and growth opportunities, enabling informed decisions to maximize your portfolio's performance.
Mangal Keshav Financial Services LLP being one of the oldest brokerage houses has also been one of the best on serving NRI community who wish to participate in India’s growth. Many Indian’s who reside across the globe have strong interests in investing Indian equity markets. Mangal Keshav NRI services are best suited to cater large number of NRI investors with strong track record of facilitating trading and investing for NRI communities.
Benefits of opening NRI Demat Account with Mangal Keshav.
Personalized Services for NRI
We at Mangal Keshav provide you personalized services for NRI community with personal relationship manager who has more than a decade experience in catering to needs of NRI investors. Mrs. Shivani Balsekar has been the backbone of Mangal Keshav group for past 9 years and has 12 years of experience in handling all the queries and needs of Ultra HNI, HNI customers. She leads the NRI department and provides solutions to all your personalized queries.The assigned relationship manager will be available on contact through chat,emails,calls for all your queries in and trading related activities.
Robust Back office support
NRI’s can avail all the information of their demat account using our robust back office portal with just a single click. The portal provides all the information related to your demat and trading account. It broadly includes demat account holdings, profit and loss statements, reconciliation statements, deposits and withdrawal history. Documents required for filing tax returns, performance sheet, etc.
Easy account opening process
Mangal Keshav securities has tieups with four prominent banks in the banking sector through which a person needs to open a PIS ( portfolio investment scheme) accounts with these four banks to trade with mangal Keshav securities. These four banks include Axis Bank, Yes Bank, RBL Bank & Indusind Bank. An NRI person needs to open a PIS account with these four banks after which the Demat account opening process will start with Mangal Keshav. Once the PIS account is opened it is a matter of few days to get started with Mangal Keshav as our account opening process is very fast and robust. With Funds deposited into your account and client id generated from our side, you can start trading and investing through Mangal Keshav NRI demat account.
Strong Research team
Our research team works on various fundamental tools to spot strong long term and short term opportunities which helps you in wealth creation and value creation over period of long time. The research team also provides various reports on various topics and news relevant to equity markets with deep analysis. The team also provides you with research reports on stocks recommended and following updates on the stock. The strong research ensures of filtering out good opportunities available in the equity markets in each scenario of the market.
Call to trade options
Once the account is opened and client id is generated the investing and trading is easy. We provide you a call to trade option where in you can direct us via call/chat/email to trade in your account ( 9:00 am to 15:30 pm). In addition, you can put a mail or message according to your convivence besides these designated hours. Our relationship manager will get in touch with you during working hours of next day and the trades will be executed.
Why to Open NRI Demat account with Mangal Keshav?
- Easy Account opening process
Tie ups with 4 prominent banks makes it easy to open account quickly - Invest in equities, IPO’s, Mutual funds
NRI’s can invest in IPO’s equities, mutual funds, within permitted limits. - Trade in Future& Options using trading account
Easy trading with Mangal Keshav NRI services with proper guidance - Seamless communication
Mangal Keshav provides you with designated relationship manager who will be available for all your queries - Competitive Brokerage
Mangal Keshav assure you of most competitive brokerage policy depending upon the volumes of the investments. - Easy access to portfolio
Our online portal helps you in accessing all the details of portfolio easily with all necessary reports.
FAQ’s on NRI Services
A Indian citizen who is now living in foreign country for the purpose of employment and occupation for uncertain period is considered as NRI.
Firstly you have to open a PIS account with one of the four banks Axis Bank, Yes Bank, RBL Bank, Indusind Bank which are linked to Mangal Keshav securities group. Once the PIS account is opened then the demat & trading account opening process is similar to a resident Indian. The documents required for demat account opening are as follows.
- Pan Card
- Address proof
- A Cancelled Cheque
- Identity proof
- Photographs
If you already have PIS account with Axis bank, yes bank, RBL Bank & Indusind bank you just need to produce a letter of authority from the bank to Mangal Keshav securities stating that Mangal Keshav securities are my new broker and then the account opening process by Mangal Keshav will be initiated
NRE account helps you do investment on non-repatriable basis. It means you can deposit dollars into the account which will be converted into Indian rupee for the further investment. You cannot deposit amount in Indian rupee in NRE account. You can withdraw money in Indian rupee currency from NRE account
The NRO accounts helps NRI’s to manage the income earned in India through investments, rents, dividends, etc. The account holder can easily manage the rupee funds through his NRO account.