Opening NRI Trading and Demat Accounts: Simplified Document Requirements

For NRE & NRO Equity Cash Accounts and NRO F&O account

Required Documents:

  1. Account Opening Form: This needs to be duly signed by all holders of account
  2. PAN Card: Permanent Account Number issued by the Indian Income Tax Department. If this is not available, we assist with the help of an agent to obtain a PAN number 
  3. Passport/OCI/PIO: Passport, Overseas Citizen of India (OCI), or Person of Indian Origin (PIO) card.
  4. Visa/Residence Permit: Proof of current visa or residence permit status.
  5. Proof of Foreign Address: Any of the following:
    • Latest bank account statement
    • Passport with address
    • Driver's license
    • Utility bill
  6. Additional for NRO Accounts: Cancelled Cheque Leaf/Latest NRO Bank Statement
  7. Additional for NRE Accounts: PIS & NRE Savings Bank Application Form: Assist with Axis Bank, HDFC Bank, or IDFC First


Note: Paperless NRO account setup is available with e-sign using AADHAAR.

For F&O account - 2 sets of all documents mentioned from point no 1 to 6 are required

Important Notes:

NRE & NRO Equity Cash Accounts: Two sets of KYC forms and one set of support documents needed.
NRE Equity Cash & NRO F&O Accounts: Two sets of KYC forms and two sets of support documents needed.
NRO Equity Cash & NRO F&O Accounts: Two sets of KYC forms and two sets of documents needed.


Process:

  1. Enter into a call with our Onboarding Executive to decide on the account to be opened and share required details
  2. Download and verify the pre-filled forms sent by our executive.
  3. Sign, self-attest, and notarize supporting documents.
  4. Pick up facility of Application forms is available on request  
  5. Send original documents to:
Navia Markets Limited | NRI Division
No 9, IV Floor, Ganga Griha, Nungambakkam High Road, 
Nungambakkam, Chennai - 600034

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