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NRI Trading
14 October 2016
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What are the documents required to open NRI Repatriation Benefit (NRE) account with ProStocks?

Following are the document required for opening NRE Trading and Demat account:

  1. Self-certified copy of PIS permission letter issued by the Banker
  2. Attested copy of PAN card
  3. Attested copy of overseas address proof – Copy of Driving License/Foreign Passport/Utility Bills/Bank Statement (not older than 2 months)/Notarized copy of rent agreement/Leave & License agreement/ Sale Deed. NRI residing in Gulf Countries and not having any of the above overseas address proof can give Declaration of P.O. Box in your residing country
  4. Self-certified copy of Indian address proof, if any. Providing Indian address in KYC is voluntary. You may provide for your own benefit.
  5. Passport size photograph
  6. In case of an Indian Passport: Attested copy of valid passport with copy of Valid Visa
  7. In the case of Foreign Passport: Attested copy of valid passport, Copy of PIO/OCI card.
  8. Proof of Bank account (a canceled cheque leaf of your NRE savings bank account)

Note 1: Copy of PAN card, Passport, Power of Attorney and Foreign address proof are required to be attested. Attestation can be done by the Indian Embassy or any other competent authority like Consulate General or Notary Public or Overseas Banker or Indian Banker. The attesting authority should affix a “verified with original” stamp, name, designation, signature and date on the said documents.

Note 2: Attestation is not required when your KRA status and IPV status is Y (Yes) and no change is required from your previous KRA. For checking your KRA status go to KYC inquiry menu on www.cvlkra.com

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  • Guest - Anthony Fernandes

    about 2 years ago

    As a Canadian Citizen, with Indian-origin background, I have no use of a PAN card and as such do not have one. But I have a NRI bank account in SBI. That account too must be re-activated since it has gone into inactive status . There is way too much paperwork to be done by mail or by attending some consulate office to open a trading account with your brokerage . Can these proofs of address, proof of citizenship, proof of bank account not be done online? Thank You

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    Guest - Anthony Fernandes
    about 1 year ago

    Pan is a must. Rest all we have a solution where you need not stand up from your chair and we can take care of your Trading Account, Demat Account and Bank Account, all three.

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  • Guest - Ravve

    about 1 year ago

    Do you open NRE pis account with Yes bank.

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  • Team ProStocks

    about 1 year ago

    Yes, We do help you to open NRE Savings and NRE PIS Bank Account with Yes Bank .

    http://maps.google.com/maps?z=15&q=,
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  • Guest - KAPIL NIRMAL

    about 1 year ago

    Is there any list of the banks you accept PIS account from?

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