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.
|2.||Foreign Address Proof|
* Required only if passport is not submitted as foreign address proof.
|4.||Resident Address Proof|
|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:
ii. BBK (Bank of Bahrain & Kuwait)
|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.