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Apollo Money NRI Account Review

 
 
 
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Apollo Money NRI Account Review

Apollo Money is a brand under PSB Securities Limited, a financial stockbroker that entered the market in March 2009 with its main office in Chennai. PSB Securities has made a solid mark in the financial scene, holding corporate memberships with major entities like the National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi-Commodity Exchange (MCX), National Commodity & Derivatives Exchange (NCDEX), and serving as a depository participant of Central Depository Services Limited (CDSL). Initially focusing on arbitrage strategies, PSB Securities Limited adapted to the challenges of the 2008 global financial crisis by venturing into direct retail-focused low-discount brokerage schemes. 

PSB Securities Limited mainly dealt with trading strategies for its accounts and High Net Worth Individuals, focusing on arbitrage. In 2008, during the global financial crisis, when the broking sector faced a tough business environment with many offices closing due to low trading activity, minimal earnings for intermediaries, and high transaction costs, the company shifted its focus to direct retail-oriented, low-discount brokerage schemes (B2C).

Apollo Money NRI Account Details

PSB Securities Limited provides trading and demat services for Non-Resident Indians (NRIs), allowing them to invest in shares of Indian companies listed on stock exchanges. NRIs can use their NRE bank account with repatriation facility for this purpose. Additionally, PSB Securities enables NRIs apollo nri  to trade in derivative and currency segments using their NRO bank account, although without repatriation benefits.

Apollo Money NRI Account Opening Benefits

• You can easily have your account opening forms picked up right from your doorstep, and they ensure a quick and efficient account opening process.

• Get an all-in-one package with their  integrated 3-in-1 account, covering your trading, demat, and bank account needs seamlessly.

• Online Trading Facility with the facility to trade in desktop, mobile, or tablets.

• Dedicated the NRI offline dealing desk

• Dedicated the Relationship manager

• 24 x 7 web account access facility for the viewing account information.

• Robust processes by SEBI / RBI guidelines.

Apollo Money Customer Care Details

If you're a customer living abroad and want to open an NRI PIS account,

Please call 044:71300 300

E-mail: enquiry@apollomoney.com


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Frequently Asked Questions

Yes, Apollo Money Brokerage provides educational resources for investors.
Yes, PSB Securities Limited offers research reports on specific stocks like equity, mutual funds, etc.
Yes, Apollo Money Broker provides users with a detailed transaction history. You can easily track your past transactions, view exchange rates, and monitor your account activity through your personalized dashboard.
Demat Account AMC Charges in Apollo Money broker is Rs. 300 per Year (Individual).
For any further assistance, you can reach out to our customer support team via email at registration@apollomoney.com or through the contact form on our website. We are here to help and ensure a smooth experience for all our users.
Customer care number to contact the broker Phone: 044 71300320 / 71300324 / 71300395.
Yes, Apollo Money Broker prioritizes the security of your financial transactions. We use advanced encryption and authentication measures to safeguard your data and ensure a secure environment for all users.
Yes, Apollo Money provides investment advisory services.
Signing up for Apollo Money Broker is simple. Visit our website, click on the "Sign Up" button, and follow the registration process. You will need to provide some basic information to create your account.
Demat Account AMC Charges in Apollo Money Broker is Rs. 300 per Year (Individual).
Yes, you can invest in IPOs through Apollo Money Brokerage.
Apollo Money Broker is a financial platform that facilitates seamless transactions and currency exchanges. It's designed to provide users with a secure and efficient way to manage their money across different currencies.
Documents needed are Proof of Identity, Proof of Address, Bank Proof, latest passport-size color photograph.
Apollo Money Broker Private Limited was founded in 2009.
Demat Charges in Apollo Money Broker is ₹50 per request.
Demat Charges in Apollo Money Broker is ₹50 per request.
Yes, Apollo Money Brokerage provides a mobile app called the “Mobile trading application” for trading in the stock market.