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Axis bank pis account opening form 2026

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The document is an account opening form for the NRI Portfolio Investment Scheme (PIS) provided by AXIS Bank. It outlines the necessary personal and communication details required from applicants, including identity and address proof, as well as declarations regarding compliance with regulations governing investments in Indian securities. The form also includes sections for stock broker and depository participant information, along with a letter of authority for transactions. Additionally, it specifies the terms and conditions related to the PIS account, emphasizing that it is exclusively for Non-Resident Indians wishing to invest in India's secondary markets.

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Click ‘Get Form’ to open the axis bank PIS account opening form in the editor.
Begin by filling in your personal details. Use BLOCK LETTERS for clarity. Enter your title (Mr./Ms./Dr.), full name, and select the type of account you wish to open (NRE/NRO).
Provide your passport details, including passport number, date of issue, and expiry date. Ensure all mandatory fields marked with an asterisk are completed.
In the communication details section, choose whether you want correspondence sent to your Indian or overseas address. Fill in all relevant contact information accurately.
Complete the stock broker and depository participant information if applicable. This includes broker name, DP ID, and contact details.
Review your entries for accuracy before submitting. Ensure that all required documents are attached as per the documentation guidelines provided.

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How to open pis account Axis Bank?

Keep your documents ready Copy of valid passport (pages with your name, address, date of birth, date and place of issue, expiry date, photograph, address, signature and observation page, if any) Proof of NRI status, by way of valid Employment/Residence Visa copy or Work/Residence Permit. Copy of Indian PAN card.

Is a PIS account mandatory for NRI?

Does an NRI require PIS permission to purchase shares in the primary market (IPOs) on repatriable/non repatriable basis? No, as an NRI you can purchase shares in the primary market on repatriable/non repatriable basis and application money can be paid through regular NRE SB/NRO SB Account or through inward remittance.

How to get a PIS approval letter from bank?

NRIs can get the PIS letter with the help of the bank where the NRE or NRO account was opened. RBI has authorised only designated branches of a bank to administer the PIS. To open a Zerodha account, NRIs must have a PIS account with any one of the following banks: IDFC First, Yes bank, Axis, HDFC or IndusInd bank.

How do I open a PIS account?

What Are the Documents Required for a PIS account for NRI? For the NRI: Valid Passport Copy. NRI Status proof. Proof of Address (POA) both Indian and Overseas. PAN Card. Recent colored photographs. FATCA. C-KYC. For the PIO ( in addition to the above) PIO Status Card. PIO Declaration duly filled and signed.

Which is better PIS or non-PIS?

PIS and Non-PIS are two different types of accounts that you can use to invest in the Indian stock market. PIS is suitable if you want to invest your foreign earnings in India. However, it has some limitations, such as higher fees, lower flexibility, and restricted transactions.

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Can I open PPF account in Axis Bank Online?

At present Axis Bank PPF account online opening facility is not available. The PPF offered by Axis Bank cannot be opened online but can be operated online. To open the account you will need to fill out the PPF account opening application form and submit it at an Axis Bank branch along with certain supporting documents.

Axis bank pis account opening form 2026

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How to open pis account Axis Bank?

Is a PIS account mandatory for NRI?

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Which is better PIS or non-PIS?

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