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
Click here to receive a call back in 24 hours
Disclaimer: Please enter only valid Mobile / Land line number. Do not enter Skype / Internet numbers.
Portfolio Investment Scheme
- 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.
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:
ICICI Bank Limited,
Portfolio Investment Services Cell
215, Free Press House
Nariman Point Branch,
India - 400 021.