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NRI PORTFOLIO INVESTMENT SCHEME (PIS) ACCOUNT OPENING FORM Please ll the form in Block Letters only. Fields marked *(star) are MANDATORYList of the Documents to be submitted (Self attested Copy):
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How to fill out nri portfolio investment scheme

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How to fill out nri portfolio investment scheme

01
Step 1: Obtain an NRE or NRO account with an authorized bank in India.
02
Step 2: Fill out the NRI Portfolio Investment Scheme (PIS) application form provided by the bank.
03
Step 3: Submit the necessary documents, such as proof of NRI status, passport copies, and recent photograph.
04
Step 4: Once the application is approved, you will receive a PIS permission letter from the designated bank.
05
Step 5: You can start investing in the Indian stock market through the PIS account using the permission letter.

Who needs nri portfolio investment scheme?

01
Non-Resident Indians (NRIs) who want to invest in the Indian stock market
02
NRIs who have a valid NRE or NRO account with an authorized bank in India
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The NRI portfolio investment scheme (PIS) is a scheme that allows Non-Resident Indians (NRIs) to invest in the Indian stock market.
NRIs who want to invest in the Indian stock market are required to file the NRI portfolio investment scheme.
To fill out the NRI portfolio investment scheme, NRIs need to open a PIS account with an authorized bank in India and submit the required documents.
The purpose of the NRI portfolio investment scheme is to regulate and monitor foreign investments in the Indian stock market.
Information such as investment details, bank account details, and PAN card details must be reported on the NRI portfolio investment scheme.
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