I am a resident with a trading and demat account with ATS. Can I add Non-Resident Individual (NRI) as a nominee for my account?

Yes, a resident individual can add an NRI as a nominee for their trading and demat account. The below-mentioned cases are also possible

1. An NRI can be a nominee in an NRI DEMAT Account.
2. A resident Indian can be a nominee in an NRI DEMAT Account.

Clients can add up to 3 nominees to their DEMAT account. When nominating multiple people, the client has to denote a certain percentage of shares that they would like to nominate. Obviously, the sum total of which will be 100%

For the trading and commodity account, there’s no concept of multiple nominees. The client can nominate only one person for their trading and commodity account.

To know how to add nominees online. See How do I add nominees online to my ATS account?