Navia is one of the few brokers in India that provides quick and efficient support in opening Demat accounts for Foreign Nationals. 

Purpose

• To Exercise ESOP Shares: Facilitate the exercise of Employee Stock Ownership Plan (ESOP) shares.

• To Dematerialize Indian Shares Held: Convert physical share certificates into electronic form.

Required Documents

• Account Opening Form: Must be duly signed by all account holders.

• PAN Card: Permanent Account Number issued by the Indian Income Tax Department. If you don't have a PAN, we can assist in obtaining it through an agent.
• Foreign Passport: Required for identification purposes.
• Bank Account Proof: Latest foreign bank statement including account details, bank address, SWIFT code, beneficiary name, and account number.
• Proof of Foreign Address: Any of the following documents can be used:
  • Latest bank account statement
  • Passport with address
  • Driver's license
  • Utility bill

Process

1. Schedule a Call: Contact our Onboarding Executive to discuss account options and provide the necessary details.
2. Download and Verify Forms: Our executive will send you pre-filled forms. Download, review, and verify them.
3. Sign and Notarize Documents: Sign the forms, self-attest, and notarize the supporting documents.
4. Send Original Documents: Mail the original signed documents to the following address:

Navia Markets Limited | NRI Division No 9, IV Floor, Ganga Griha Nungambakkam High Road Nungambakkam, Chennai - 600034