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  • Axis Bank Nri Portfolio Investment Scheme (pis) Account Opening Form 2008

Get Axis Bank Nri Portfolio Investment Scheme (pis) Account Opening Form 2008-2025

to be opened at Branch Code A) PERSONAL DETAILS APPLICANT TITLE (Mr./Ms./Dr.) i Type of A/c: Please open my/our Savings Bank Account. FULL NAME Please leave one space between words PRIMARY NRE NRO Scheme Code If more than one joint applicant e. g. R A J E N D R A M M Y Y Y R A the box & use ADD-ON form J K A D A M M M Y PASSPORT DETAILS: Customer ID DATE OF BIRTH D D A/c No. : M M GENDER Y Y Y Y M MARRIE.

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NRIs can get the PIS letter with the help of the bank where the NRE or NRO account was opened. RBI has authorised only designated branches of a bank to administer the PIS. To open a Zerodha account, NRIs must have a PIS account with any one of the following banks: IDFC First, Yes bank, Axis, HDFC or IndusInd bank.

What Are the Documents Required for a PIS account for NRI? Valid Passport Copy. NRI Status proof. Proof of Address (POA) – both Indian and Overseas. PAN Card. Recent colored photographs. FATCA. C-KYC.

Portfolio Investment Scheme Account Fees and Charges (w.e.f. 01/05/2014)PIS Issuance ChargesRs. 1,000/- *PIS Account maintenance chargeRs. 1,500/- #Reporting chargeRs 150/- will be levied per trade date - separate for purchase and sale irrespective of transacted quantity or value^

Sr NoFee HeadFees*- Transaction value upto Rs 50000.00Rs.100.00- Transaction value between Rs 50000.00 to Rs 300000.00Rs.250.00- Transaction value above Rs 300000.00Rs.500.005.Processing of sale proceeds purchased through Primary market as a resident / non-resident / inherited (by a customer registered for PIS)11 more rows

No minimum balance requirement in PIS.

NRIs who want to earn good returns from investments in the Indian stock market has to hold a PIS account offered by the RBI mandatorily.

Does an NRI require PIS permission to purchase shares in the primary market (IPOs) on repatriable/non repatriable basis? No, as an NRI you can purchase shares in the primary market on repatriable/non repatriable basis and application money can be paid through regular NRE SB/NRO SB Account or through inward remittance.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232