Comment on NRI trading on Indian Stock Exchanges

VB commented on 02 May 2016, 10:57 PM

I have requested citi(where I have NRI account), looks like they dont give PIS for people who live abroad

Here is the question : Can I get PIS (Portfolio Investment Scheme) permission letter? c

Status of your Query
Dear Ms. XXXXXX, We refer to your query dated April 28, 2016 pertaining to your Rupee Checking account ending XXXX. We wish to inform that our officer had tried to contact you on the number maintained in your account however was unable to establish contact. We wish to inform that we do not offer Portfolio Investment Scheme (PIS) accounts for customers residing in US (United States). We regret any inconvenience caused in this regard. Hence we request you to elaborate on your query for us to check and assist you further. For any further clarification, please write to us. We will be glad to assist you. Sincerely, Officer – Customer Care P.S: In case of any further queries, you may use the ?Compose mail? option to write in to us. Alternatively, you can contact our 24×7 CitiPhone helpline. For CitiPhone helpline contact details, please visit https://www.online.citibank.co.in/citi-nri/customer-service/toll-free-numbers.htm

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