What is the process for completing KYC for NRIs?

Lakshmishree offers Demat and Trading account services for Non-Resident Indians (NRIs) through NRE and NRO modes.

KYC Requirements for NRIs:

  • For NRE Accounts:

    • KYC documents along with Portfolio Investment Scheme (PIS) details are required.
       
  • For NRO Accounts:

    • Standard KYC documents similar to resident accounts are required.
       

Important Points:

  • Physical documentation is mandatory for NRI accounts. The process cannot be completed online.
     
  • The investor must be physically present for the account opening.
     
  • To proceed, NRIs can visit a Lakshmishree branch or contact customer support for further guidance.