NRO PIS – 4 in 1 Account

Experience a seamless and efficient trading experience with the Doha Bank 4-in-1 Account, a unique product that integrates an Online Trading Account, Bank Account s and Demat account for your stock market transactions.

With Doha Bank 4-in-1 Account, your trading process becomes smooth, hassle free, and you can experience the best of services we have to offer! With this facility, you can trade in Indian Stock Market/Securities at nominal rates and also stand to get valuable investment advice to help your money grow over time.

A unique account that combines:

  • NRO/NRE Saving Account.
  • NRO/NRE PIS Account.
  • Online Trading Account (with DBFS).
  • DEMAT Account (with DBFS).

Eligibility:

Non Resident of Indian nationality or Origin. Customers having NRE or NRO Savings Account with Doha Bank India are eligible.

Product Features:

  • Account Service Fee -Nil.
  • Free PIS Letter issuance.
  • Purchase INR 50/- per scrip.
  • Sale INR 50/- per scrip.
  • Scrip transfer in/transfer out charges INR 50/- per scrip.
  • Rate of Interest – Not Applicable.
  • Account Closure Fee- INR 500 (if account is closed within 6 months).

Customer Benefits:

  • Get benefits of 4 accounts in 1 account.
  • Trade in Shares in NSE/BSE with this account.
  • Demat account benefits.
  • Free Trading account opening with Lowest Brokerage.
  • Online Trading Facility.
  • Investment and trading in Shares.
  • Portfolio Management Services (PMS).
  • Insurance, NPS, Tax Services & many more financial services Other Benefits.
  • Free online fund transfers to and from NRE accounts.
  • The 4 in 1 account gives you benefits of the following 4 accounts
    1. NRO/NRE Saving Account.
    2. NRO/NRE PIS Account.
    3. Online Trading Account (with DBFS).
    4. DEMAT Account (with DBFS).

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Documentation:

  • Set of Passport copy (First Page and last page) –All the pages to be self-attested by the applicant.
  • Emirates ID Copy.
  • Color photographs pasted on application form.
  • Address proof of communication address (like Utility bills, Electricity, Phone, Bank or card statement etc.).
  • Initial Deposit –Doha Bank E-remittance form for transfer of initial deposit from DB UAE to DB India. (with copy of Emirates ID for customers opening their accounts in UAE).
  • PAN Card.

Note:

Doha Bank’s retail, commercial and corporate products are granted at our sole discretion and are subject to the Bank’s terms, conditions and acceptance.