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KRChoksey provides a Non Resident Indian (NRI) client with a package of services designed to create a constructive, creative and hassle free investment experience in India. The company provides consultancy, execution and management services to its NRI investor clients with special attention to the administrative and legal obligations they are required to meet.
Portfolio Investment Scheme
KRChoksey helps to execute the Portfolio Investment Schemes (PIS), which provides anNRI client, avenues to invest in shares/ debentures of Indian Companies through a recognized stock exchange on a repatriable basis. The capital and profits are freely repatriable after deduction of applicable taxes to the NRI.
Process
An NRI who wants to register for the PIS opens the following accounts
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NRE Savings Account (any recognized bank)
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PIS Savings Account (any recognized bank)
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Trading account (with KRC)
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Demat account (with KRC)
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POA to a representative of KRC.
For a better understanding of the process Click Here for an Investment Process Flow Chart for NRI, a snapshot of the actual process from client induction to actual transaction.
For more information, please refer the FAQ's section
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