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INVESTMENT FACILITIES FOR NRIs
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Non resident Indians can invest in India on repatriation as well as Non repatriation basis.
PORTFOLIO INVESTMENT SCHEME( PIS)
Under Portfolio Investment scheme, NRIs may invest/ sale shares and convertible debentures of an Indian company, on Repatriation as well as Non repatriation basis through a registered broker of a recognised stock exchange by designating a Bank branch, subject to certain conditions.
Salient features of the Scheme:
Our Branches in following cities are designated to handle Portfolio Investment Scheme:
ONLINE TRADING FACILITY FOR NRIs
Non resident Indians are permitted to invest in Indian stock market and can trade through registered stock Brokers. NRIs of all countries, where their local laws do not prohibit online trading, may avail the facility provided by our subsidiary, Canara Bank Securities Limited (CBSL. This facility is not available to NRIs residing in USA.
For details of 3 in 1 accounts (containing Demat and Trading account, apart from PIS account) offered by CBSL, please click on the following link.
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INVESTMENT IN IMMOVABLE PROPERTY
NRIs may acquire immovable property in India, other than agricultural land/ plantation property or a farm house out of repatriable and non-repatriable funds.
Housing Loan in rupees availed of by NRIs from ADs / Housing Financial Institutions can be repaid by the close relatives of the borrower in India.
Toll Free Numbers
Non Toll Free Numbers
(if calling from outside India)