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Investments

Portfolio Investment Scheme Account

Easy investments for NRIs in India

Invest in India

NRIs can invest in shares of Indian companies or in the secondary market

Buy, Sell, Repatriate

Shares can be invested in under repatriation or non-repatriation basis.
They can also be bought and sold

Smooth Transactions

The account assists NRIs in getting transactions done in a smooth, seamless and hassle-free manner

Ease of Operation

Authorise a relative of friend to operate the account in your absence

Fees and Charges

Features and Benefits

Enhanced Set-Off Facility at Portfolio level

In order to cater to the specific needs of the NRI customers and provide value added benefits, we have now started offering Enhanced Set-off facility to all the NRIPIS customers at portfolio level w.e.f 1st April 2016. The enhanced set off facility will be applicable only for short term equity transactions and will be available for the entire financial year.

Salient features

  • Losses to be carried forward till last day of the current Financial Year.
  • Losses from NRE A/c can be adjusted against profits from NRO A/c & vice –versa.
  • Set-off of losses against future profits.
  • Set-off of short term losses at portfolio level.
  • Detailed Capital Gains statement at Customer ID level.
    • Single statement at a Customer ID level instead of account level.
    • Detailed computation of set-off.
    • Details of carried forward losses in each account.
    • Single statement at a Customer ID level instead of account level.

Fees and Charges

Download Forms

Download Forms

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