For non resident Indians across the globe . . .

21. Non Repatriable Demat Account

Question: Dear sir, can a NRI give p.o. box address of foreign residence as permanent address for opening a non-repatriable demat account with dp registered with cdsl. hopeful of your kind help.  with regards. yours truly, garib nath sah Answer: To open an account with a DP you would have to submit a photocopy of your PAN card along with proof of your identity as well as proof of your address. Proof of address with a P.O. Box address! may be difficult. It may be straight forward to use your foreign address. Remember you also have to execute an agreement on a stamp paper defining the rights and obligations of you, as the investor and the DP.
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For non resident Indians across the globe . . .

21. Non Repatriable Demat Account

Question: Dear sir, can a NRI give p.o. box address of foreign residence as permanent address for opening a non-repatriable demat account with dp registered with cdsl. hopeful of your kind help.  with regards. yours truly, garib nath sah Answer: To open an account with a DP you would have to submit a photocopy of your PAN card along with proof of your identity as well as proof of your address. Proof of address with a P.O. Box address! may be difficult. It may be straight forward to use your foreign address. Remember you also have to execute an agreement on a stamp paper defining the rights and obligations of you, as the investor and the DP.
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RI Information
Informing  educating and connecting Indians across the globe by Virendar Chand
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