Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

asked Wednesday, April 20, 2016

Irrespective to your resdential status, PAN Number is mandatory for investing in India Stock Market. PAN is required to open an NRI trading account with a broker.

NRI investor need a PAN Card (or PAN Number) to invest in IPO's.

Please read below article for more detail about NRI Trading Account.

NRI Trading Account Charges, Questions, Guide - Indian Stock Market

answered Wednesday, April 20, 2016

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