Show Hide
Internet Banking Login Open NRI Account
Apply NRI Account

Open an NRI Account online today. Provide your contact details and get a call back at time convenient to you.

Simply Give Missed Call on +91 7666660000

Click here to get a call back in 15 mins

 

Disclaimer: Please enter only valid Mobile / Land line number. Do not enter Skype / Internet numbers.

Rates & Charges
Rates & Charges
 
Savings Account
NRE Savings* 4.00% Apply Now
 
Fixed Deposit & RD

Know more about interest rates

NRE FD
(18 months upto 2 years)		 5.75% Know More
Apply Now
Swift code
Swift code
 

More Rates       Service Charges 

*Interest rates at 4% per annum for end of day balances equal to or above INR 50 lacs and 3.50% per annum for end of day balances below INR 50 lacs
Offer Zone Get In Touch
NRI ›Money Transfer ›Investments ›Portfolio Investment Scheme

Portfolio Investment Scheme
ICICIdirect.com
Mutual Funds

Portfolio Investment Scheme

Key Highlights

  • Through this scheme of the Reserve Bank of India, NRIs and OCBs can purchase and sell shares and debentures of Indian companies on a recognized stock exchange.
  • Transactions can be routed through your NRI Savings Account with a designated bank branch.
  • You can choose to invest under repatriation or non-repatriation basis.

What is Portfolio Investment Scheme?

  • PIS—a scheme of Reserve Bank of India—enables NRIs and OCBs to purchase and sell shares and convertible debentures of Indian companies on a recognized stock exchange by routing such purchase/sale transactions through their NRI Savings Account with a designated bank branch.

Requirements

  • For any transaction in secondary market on repatriable basis, you will require an NRE Savings Account with ICICI Bank .

  • For any transaction in secondary market on non-repatriable basis, you will require an NRO Savings Account with ICICI Bank.

  • Submit PIS application form in prescribed format for designating the Savings Account as PIS Account on repatriation/non-repatriation basis.

Send the completed document/s to:

To,

The Manager,

ICICI Bank Limited,

Portfolio Investment Services Cell

215, Free Press House

Nariman Point Branch,

Mumbai, Maharashtra

India - 400 021.

E-mail: pins@icicibank.com