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What documents are required for an NRI account?

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The documents for opening an NRI trading account and a demat account are the same. The most important documents that NRI investors should have ready for opening a trading account are:

  • The PIS Permission Letter from the respective designated bank for trading on a repatriation
  • The PIS FEMA NRE/NRO bank accounts cancelled the cheque.
  • PAN Card.
  • Overseas Address Proof - Driving License/ Foreign passport /Utility Bills/Bank statement (not more than 2 months old)/Notarized copy of rent agreement/ leave & license agreement/ Sale deed.
  • Photograph of Investor.
  • Proof of respective bank accounts & depository accounts.
  • Account opening fee check + Demat Account Opening Fee check.
  • Duly signed account opening forms.

NRI investors must additionally keep the following important considerations in mind:

Indian Passport Holders

Foreign Passport Holders

Birth Certificate

Copy of PIO / OCI Card

Valid Passport

Birth Certificate

Valid Visa

 

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