non-resident indian - reliance securities list of documents for trading and demat list of documents...
TRANSCRIPT
Non-Resident IndianEquity Investment Services
Growth potential of BRIC countries is much higher compared to developed countries.
India has become the investment hotspot for global money. The key
strength of the economy is huge Domestic consumption & not total
dependence on Export. That makes India a unique investment
opportunity independent of economies in developed world. Top fund
managers, investors and analysts are optimistic on long term, domestic
demand driven growth story of India, supported with valuations and
financial market outperformance.
Many Indian companies have been posting record profits and some
paying out high dividends. Regulations today make it easier for foreign
residents to buy stocks on the Indian stock exchanges.
Reliance Securities Offerings for NRI’s
Reliance Securities Ltd (RSL) with its extensive market reach,
experience and cutting edge technology platforms, provides the perfect
vehicle for you to invest and benefit from Indian markets.
Reliance is glad to introduce competitive NRI products, supported by a
dedicated NRI investment team to cater to your investment needs.
All Non Resident Indians - NRI / PIO (except minors) residing in Gulf Co-
operation Council (GCC) countries of United Arab Emirates, Saudi
Arabia, Bahrain, Kuwait, Oman and Qatar can avail of our NRI services.
Background
Our offerings for NRI clients:
Cash & Carry (CNC)
Regular Stock Purchase Plan (RSP Plan)
After Market Orders (AMO)
InstaXpress Trading Platform
InstaPlus Trading Platform
Call & Trade Desk
Specialized Dealing Desk
Research on SMS
Confirmation of Trade
Secured Login
Portfolio Tracking
Unique Selling Proposition
Customer can buy delivery on the basis of the Cash available in the PINS Bank account; Customer can sell delivery on basis of the Demat holding available with RSL.
A Systematic Investment Plan through which a customer can regularly invest in the stock market by a onetime setting.
Provides the convenience of placing orders, when market is closed; irrespective of time zones.
EXE based platform with Latest state of the art technology for high frequency traders with response time at lightning fast speed.
A Browser based platform with live streaming and non-streaming quotes.
Clients can avail Call & Trade desk to place their orders.
A dedicated dealing desk for NRI clients available, in case clients require any dealing support.
A customer can avail Research SMS facility on his Indian mobile number with an additional subscription charge.
Confirmation of trades via daily ECN e-mailer and on SMS (Indian Mobile no) for previous trading section’s net debit/credit amounts, for seamless track of the amounts due.
Secured Login with additional 3rd level security feature of the security token.
Feature to track your Portfolio online.
USP of RSL, is a common trading platform with trading and Risk management on real time basis.
Types of Accounts to be Opened
Trading And Demat Account
NRI Trading Account with Reliance Securities (for trading on NSE/BSE).
NRI Demat Account with Reliance Securities (for holding deliveries).
NRE PINS Bank Account with Yes Bank or Axis Bank (for Fund pay-in / pay-out transactions in RSL).
With the NRE PINS bank account, NRI can execute the transaction mentioned in the following table.
Bank Account
Bank Account Remarks Equity Investments Futures & Options Type through secondary Investments through (offline) through
market (BSE/NSE) secondary market exchange*
IPO Mutual Funds Mutual Funds
NRE- PINS Account with X X X üRepatriation Benefits
ü
üFunds Transactions Allowed in bank account as per RBI & SEBI guidelines
X Funds Transactions Not allowed in bank account as per RBI & SEBI guidelines
* Subject to RBI approval, RBI clarity awaited
Note: NRI can select only one authorized dealer bank for the purpose of investments under portfolio investment scheme (PINS) and route the transactions through the branch designated by the authorized dealer bank. Currently RSL has exclusive tie-up with Yes Bank and Axis bank for settling transactions. NRI clients can open NRE-PINS bank account with any of these banks. If NRI customer already has NRE PINS bank account with any of these banks then he/she can approach RSL with his bank details for opening Trading & Demat account.
Acceptable list of documents for Trading and DematList Of Documents To Be Submitted By NRI Client (Self Attested Copies Required)
PAN Card
Original Valid Portfolio Investment Scheme (PIS) approval
Mandatory Valid Passport
* In case of Indian Passport along with copy of Valid visa
* In case of Foreign passport along with PIO / OCI card
Passport size Photograph signed across the face
Valid Passport (Name, Address, Photo Page)
Unique Identification Number (UID) (Aadhaar)
Proof of Identity Valid Driving License (Name, Address, Photo)
(Any One) Voter ID (front and back)
PAN Card
Valid Foreign Passport along with PIO / OCI card (Address Page)
Proof of Foreign Address Overseas Bank statement/ pass book (not exceeding 3 months)
(Any One) Overseas Banker's Certificate on the letter head of the Bank containing foreign address (original)
Valid Foreign Driving License (Address)
Foreign Government issued ID Card
Valid Passport (Address Page)
Valid Driving License (Address)
Voter ID (front and back)
Proof of Indian Address Residence landline telephone bill (not exceeding 3 months)
(Any One) Utility bill (gas/ electricity) (not exceeding 3 months)
Bank pass book/ account statement (not exceeding 2 months)
Banker's Certificate on the letter head of the Bank containing address (original)
Title deeds of the property duly registered and stamped
Registered Lease deed / Sale agreement (duly stamped)
Bank Statement / Bank Passbook with cheque leaf (not exceeding 3 months, seal & signature of Bank Official)
Bank Proof Banker's Certificate on the letter head of the Bank (original)
(Any One) Cancelled Personalized Cheque leaf
Declaration Declaration of non solicitation
For Application Form Download:
For NRI Trading & Demat account
www.rsec.co.in Customer Service Downloads
Trading & Demat Account (with Reliance Securities Ltd.)
Opening Form - Individual
For NRE-PINS Bank account with Yes Bank or Axis Bank-
opening form,
visit our website:
Please refer to the bank website or write to us for
assistance.
>> >> >>
List of Cheques to be submitted:
Application Processing Charges-RSL
Account Opening PINS account- YES Bank / AXIS Bank
Favoring: Reliance Securities Ltd
Amounting: ` 3500/-*
Please refer to the instructions of the bank.
* Application Processing Charges
` 2500/- and AMC 1000/-
For First 3 Financial Years.
`
Brokerage & Demat charges:
Trading Segment Brokerage Charge
Delivery Trades* 0.75% Of Trade Value On Both Sides
Intraday Trades Not Applicable
Futures* Currently Not Offered
Options* Currently Not Offered
RSL DP AMC Charges ̀
RSL DP Transaction Charges (` 25 Per ISIN) Waived Off
RSL Dematerialization Charges Waived Off
Custody Charges Nil
InstaXpress Trading Platform Charges Currently Waived Off
1000/- For First 3 Financial Years.
*Other statutory levies as applicable
NRI Helpdesk & Available between 9:30am to 5:30pm IST on Monday to FridaySales Queries: (except all Indian National Holidays)
[email protected] or call at 0091-22 33201301
Contact Us:
ISO 9001:2008: Reliance Securities Limited holds a certificate issued by BSI Management System India Pvt. Ltd to the effect that it operates a Quality Management System that complies with the requirements of ISO 9001:2008 for providing equity & equity derivative trading services through online trading system. Registered Office: Reliance Securities Limited, 11th Floor, R-Tech IT Park, Western Express Highway, Goregaon (East), Mumbai - 400063. Tel: +91 22 3320 1212. (NSE SEBI Registration Number: INB / INF / INE 231234833; BSE SEBI Registration Number: INB / INF / INE 011234839)