How Do I Fund my investment/brokerage Account?
You will have to make a wire transfer to your brokerage/multi-currency account from your bank account. You may use a bank in India, or overseas to fund the account. Please note that the funds must be transferred from an account in your name, otherwise they will get rejected by the broker-dealer and you will be charged a wire rejection fee.
Your brokerage account needs to be funded in USD. Your bank will convert domestic currency into USD during the transfer.
Many Indian banks like ICICI, HDFC, IDFC First, Kotak, and IndusInd allow a complete digital transfer of funds from your account up to USD 25,000. We have detailed instructions and pre-filled forms available to make it convenient for you to fund your account. You can find them here.