Portfolio Investment Scheme Account

With the Portfolio Investment Scheme, you can purchase and sell shares and debentures of Indian companies on a recognized stock exchange under repatriation or non-repatriation basis. You can also access this account at anytime online. For the detailed list of features and benefits for the same, please go through the points listed below.

When you are planning on opening a Portfolio Investment Scheme Account, we request you to check if you are eligible for the same. In the list below, you can check for the Portfolio Investment Scheme Account eligibility.

The following cannot open a Portfolio Investment Scheme Account

  • Residents who travel overseas for health and medical check-up
  • Residents who travel overseas for any tour abroad for their short visit whether on excursion or business promotion
  • Residents residing in Bangladesh or Pakistan, without prior approval of RBI
  • Residents residing in Nepal and Bhutan
  • Seafarers employed by Indian shipping companies

Once you are sure that you are definitely opting for a PIS Account please ensure that you have the documentation for Portfolio Investment Scheme Account in order. You can refer to the list below to cross-check if you have all your documents.

Keep your documents ready

In order to open an account customer will have to submit the following documents

The address proof must match with the communication address selected by you on this Relationship Form. Please click here for the list of address proof.

NRI Easy Guide

NRI Easy Guide