NRE & NRO Demat Account Opening Process
Open Demat Account Online
Accounts that are to be opened
- 01. NRI savings account (With XXX Bank )
- 02. NRI PIS / NON – PIS account (With XXX Bank )
- 03. Trade account (With� Tradeplus)
- 04. Demat account (With Tradeplus)
Account Opening process:
1)� To obtain PAN card:� PAN card is a mandatory document to open share trade and demat account.No worries if you don’t have it already, we can assist you to obtain PAN in India.
- Time Frame to obtain PAN – Maximum 15 days.
- PAN Card processing Fees – Rs.2500/-
2)� To open Bank Account: We are associated with HDFC Bank, Axis Bank, and Yes Bank to open NRI Bank Accounts.
- Time Frame to open a bank account – Maximum 15 days
- Minimum balance to maintain – 10000 INR
- Trading & Demat Account opening with us – We activate your Trading and Demat account with us in 5 working days from the time of receiving Bank account opening confirmation.
Trading Account Opening Fees
Foreign National Account: Rs. 10000 |� NRI Account: Rs.2500/-
Annual Maintenance Charges of Demat Account (valid for 10 years)
Foreign National Account: Rs.5000 |� NRI Account: Rs.2500/-
We shall be your one-stop solution to complete the above account opening process. Please revert us to email the soft copies of the application forms for PAN (if required), Bank account, Trade and demat account to you. You have to sign and send the forms to our Corporate Office at Chennai with the proofs.
Proofs required to open share trade and Bank account.
- Passport size photograph
- PAN card copy (Self Attested)
- Passport copy (Self Attested)
- Latest overseas address proof (Bank statement, Utility Bill, Drivers License) – At least 2 address proof are required. (self Attested)
- Cheque fvg “Navia Market Limited” for Rs. 5,450
- ESOP allotment letter (self-attested)
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