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For or on taking up employment outside India, or

For carrying on outside India a business or vocation outside India or for any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period. "Person Resident outside India" is simply put as " a person who is not Resident in India

Person of Indian Origin :includes a person, being a citizen of any country other than Pakistan and Bangladesh who :

  • held an Indian Passport at any time . or
  • himself or either of his parents or any of his grand parents were citizens of India, or
  • is a spouse of an Indian citizen, or
  • is a spouse of a person covered under (i) or (ii) above.

As per Indian law, NRI investors can trade only in delivery based transactions.

Documents Require

  • Pan Card Copy
  • Indian Address Proof (Aadhar Card, Election Card, Driver License - If Available)
  • Cancel Cheque Or Bank Account And PIS Letter
  • Nomination (PAN Or Aadhar Copy)
  • Passport Copy
  • Visa Stamp / OCI
  • Driver License
  • Photographs - Passport Size
  • Social Security / Tax No.

Refer FAQs on NRI Account Opening

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