Opening a Demat account as a Non-Resident Indian (NRI) has traditionally involved a lengthy notarization process, often requiring visits to an Indian embassy or a local notary familiar with Indian legal formats, followed by mailing physical copies to India. This added both cost and complexity, with delays and rejections common if documents did not meet India’s strict legal requirements. 

ICICI Direct has partnered with Rupeeflo to provide NRIs with a streamlined, compliant alternative.

What is Rupeeflo Digital Notarization?

Rupeeflo platform provides a secure, fully online notarization service that can be completed from  your country of residence, eliminating the need for any physical visit. Rupeeflo works with certified notaries in each supported country to ensure that:

• The process is compliant with SEBI and RBI guidelines

• The process adheres to the laws of the country of residence

• The notarized documents are accepted by ICICI Direct

Countries Supported:

• USA

• United Kingdom

• Singapore

• United Arab Emirates (UAE)

• Saudi Arabia

• All European countries

Note: If your country is not listed in the supported regions, contact support@rupeeflo.com.

How ICICI Direct Users Can Complete Notarization in Four Steps

Step 1: Download & Sign Up

• Download the Rupeeflo app through the link shared by ICICI Direct and complete sign up

• Use your overseas mobile number. Indian mobile numbers are not supported.

• During sign up, your email address and mobile number will be verified via OTP

Step 2: Upload Documents

• Access the notarization option from the Rupeeflo homepage or via the “Services” section in the bottom navigation bar.

• Upload the required documents:PAN, Passport, and Overseas Address Proof are mandatory for DEMAT account opening.

• Please check with ICICI Direct in case any additional documents are required.

Step 3: Make Payment

• The payment amount is based on your location and the number of documents.

• The exact fee is displayed after uploading your documents.

Step 4: Complete Video Notary Session

• You will be required to schedule the notary session. Select your preferred date and time for the appointment. 

• You can join the call through the app at the scheduled time (Sessions typically take 10–15 minutes)

• Before the session:

  • Keep all original documents ready (print digital ones such as utility bills or bank statements).

  • Sit in a well-lit area with a stable internet connection.

  • Ensure your camera and microphone are working properly.

Note: If you are in the USA, you can join the notary session immediately post making your payment.  

Step 5: Download Notarized Documents

• The notarized documents will be available for download on the Rupeeflo App after the appointment is completed

• You can download the documents, print them and prepare them for sending them to ICICI Direct

After Notarization — Sending Documents to ICICI Direct

Once the notarization is complete, you may share the documents directly with ICICI Direct. After ICICI Direct’s review and approval, physical copies must be sent to their office in India.

To simplify this step, Rupeeflo provides express courier services at reduced rates, including doorstep pickup.

Courier Process:

1. Enter pickup and delivery address

2. Complete the payment

3. Book a slot by choosing your preferred date and time

In case of any assistance with notarization, You can reach out to our Support team over WhatsApp or Email us at support@rupeeflo.com. 

FAQs

Q: Can I use my passport as both ID and address proof?
Ans. No. The address proof must be different from the passport.

Q. What payment methods are accepted?
Ans. Only international credit and debit cards are accepted as valid payment methods

Q. What happens if I miss my scheduled time?
Ans.One free rescheduling is permitted. For additional rescheduling, contact Rupeeflo support.

Q. Can I cancel my notarization appointment after making the payment?
Ans.Yes. Cancellations are allowed, with refunds issued after a 10% processing fee deduction to cover transaction costs.

Q. Can I upload documents that are not in English?
Ans. No. Only documents in English can be verified and notarized