What are the PMS account opening requirements for NREs?
To open an NRE status PMS account, the following documents must be submitted at a branch along with a signed PMS account opening form. Use our branch locator to find a Geojit office near you for further assistance.
| Sl No. | Particulars | Requirements |
|---|---|---|
| 1. | PAN | * 2 copies * Self-attested |
| 2. | Foreign Address Proof | * 2 copies * Self-attested |
| 3. | Passport Copy | * With valid visa page * Required only if passport is not submitted as foreign address proof. |
| 4. | Resident Address Proof | * 2 copies * Self-attested |
| 5. | PIS Letter Copy | * The PMS investment (a minimum of Rs. 50 lakhs) must be transferred to this account * The PIS bank account must be with one of the following banks: i. Axis Bank ii. BBK (Bank of Bahrain & Kuwait) iii. Federal Bank iv. HDFC Bank v. South Indian Bank vi. IDBI |
| 6. | Nomination (PMS Account Opening Form) | Mandatory for PMS account |
| 7. | Demat Account Opening Forms & Related Documents | * A demat account must be opened for PMS * Nomination is mandatory |
Nomination is mandatory for both your PMS account and demat account linked to your PMS.Still need help? Create Ticket
