From mint · A Ksheerasagar · Nov 5, 2026 · 50s

Zerodha CEO welcomes SEBI's NRI KYC changes

SEBI's new NRI KYC rules let overseas investors open accounts in days, not weeks.

In brief

SEBI's new NRI KYC rules let overseas investors open accounts in days, not weeks. Zerodha CEO Nithin Kamath says SEBI's December 3, 2026 digital KYC changes let NRIs and OCIs complete account openings remotely in 2-3 days instead of weeks. Originally reported by mint.

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SEBI's NRI KYC changes

SEBI eased digital KYC rules for overseas investors starting December 3, 2026.

Account opening challenge

NRIs needed weeks to open accounts due to physical document requirements.

New digital process

NRIs and OCIs in FATF-compliant countries can complete KYC remotely in 2-3 days.

Zerodha CEO's view

Nithin Kamath says this change removes the biggest hurdle for NRI investors.

Implementation date

SEBI's circular takes effect December 3, 2026, for FATF-compliant countries.

Why it matters

This change helps attract long-term investment to India by simplifying NRI account opening.

The bottom line

Zerodha CEO Nithin Kamath says SEBI's December 3, 2026 digital KYC changes let NRIs and OCIs complete account openings remotely in 2-3 days instead of weeks.

Read the original on mint

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