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canara bank
  • About Us
    • Board of Directors
  • Financial Results
  • PMJDY and Financial Inclusions
  • Press Release
  • Tenders
  • E Auction Properties
  • Announcements
  • Ex-employees
  • Careers
  • Personal Banking canara
    • Savings & Deposits
    • Technology Products
    • Mutual Funds
    • Insurance Business
    • International Services
    • Card Services
    • Consultancy Services
    • Depository Services
    • Ancillary Services
    • Approved Housing Projects
    • How To Apply
    • Retail Loan Products
    • MSME Loan Products
  • Corporate Banking canara
    • Accounts & Deposits
    • Supply Chain
    • Loans & Advances
    • Syndication Services
    • IPO Monitoring Activity
    • Merchant Banking
    • TUF Schemes
    • Canara eTax
  • Investor Relation canara
    • Contact Us
    • Appeal to Physical Shareholders of Canara Bank
    • Download TDS Certificate for payment of Dividend FY 2021-22 Blinker
  • Canara Easy Fee
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    • NRI News Bulletin
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    • FATCA / CRS - Self Declaration Form
  • Priority Portal canara
    • Schemes
    • RRB Section
    • Agri-Marketing
    • Agricultural Innovation Centre
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    • CED for Women
    • Sustainable Development and Corporate Social Responsibility (SD-CSR)
    • Lead Bank
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Got any Questions?
Call us Today!

Toll Free Numbers
(if dialed within India)

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.

Investment Facilities

INVESTMENT FACILITIES FOR NRIs

 

Non resident Indians can invest in India on repatriation as well as Non repatriation basis.

  1. On Repatriation Basis: NRIs may invest in the following on repatriation basis, without any limit.

  1. Government dated securities / Treasury bills

  2. Units of domestic Mutual funds

  3. Bonds issued by a Public Sector Undertaking (PSU) in India

  4. Non-convertible debentures of a company incorporated in India

  5. Perpetual debt instruments and debt capital instruments issued by Banks in India

  6. Shares in Public Sector Enterprises being disinvested by the Government of India, provided the purchase is in accordance with the terms and conditions stipulated in the notice inviting bids.

  7. Shares and convertible debentures of Indian companies under FDI scheme (including automatic route & FIPB).

  8. Shares and convertible debentures of Indian companies through stock exchange under Portfolio Investment Scheme.

 

  1. On Non repatriation Basis: NRIs may invest in the following on Non- repatriation basis, without any limit.

  1. Government dated securities/Treasury bills

  2. Units of domestic Mutual funds

  3. Units of Money Market Mutual Funds

  4. National Plan/Savings Certificates

  5. Non-convertible debentures of a company incorporated in India

  6. Shares and convertible debentures of Indian companies through stock exchange under Portfolio Investment Scheme.

  7. Exchange traded derivative contracts approved by the SEBI, from time to time, out of INR funds held in India on non ­repatriable basis, subject to the limits prescribed by the SEBI.

 

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:

 

  1. Resident Power of Attorney holder can be permitted to operate PIS account to facilitate investment under the scheme.

  2. NRIs are required to open an exclusive PIS (NRO) account, if the shares/debentures are purchased/ sold on non repatriation basis. (Please click here for account opening form.)

  3. For sale/ purchase of shares/ debentures on repatriation basis, NRIs are required to open an exclusive PIS (NRE) account. (Please click here for account opening form.)

 

  1. Shares /convertible debentures acquired under the Scheme can be transferred by way of gift to his close relatives as defined in Section 6 of the Companies Act, 1956. In case, gifted to resident close relative, same is to be reported to RBI in form FC-TRS.

  2. NRIs to report the details of purchase/sale of shares/debentures under Portfolio Investment scheme immediately in form LEC to the designated branch where they are maintaining the PIS account.

  3. NRIs can deal with only one Designated Bank branch for PIS purpose.

 

 

Our Branches in following cities are designated to handle Portfolio Investment Scheme:

 

Sno.

City

Branch Name & Address

Contact Details

1.

AHMEDABAD

NAVRANGAPURA BRANCH

P B NO. 4035
NEAR POLICE STATION
AHMEDABAD 380009, GUJARAT

 

079-26440292 / 26464030 /
26441148
cb0280@canarabank.com

2.

ANAND

ANAND BRANCH

RAO SAHEB SHOPPING CENTRE

NEAR OLD POWER HOUSE
STATION ROAD
ANAND 388 001, GUJARAT

 

02692-241413 / 252823
cb0163@canarabank.com

3.

BADAGARA

NARAYAN NAGAR BRANCH

18/2, KARUNA BUILDINGS
OPP.NEW BUS STAND
NARAYAN NAGAR
BADAGARA 673101
KOZHIKODE DISTRICT, KERALA

 

0496-2523057 / 2523457 cb2354@canarabank.com

4.

BANGALORE

CANTONMENT BRANCH

88, M.G. ROAD

CANTONMENT
BANGALORE 560001,KARNATAKA

 

080-25589502 / 25588005 /
25589512 / 25599771 / 25594453
cb0404@canarabank.com

NRI BRANCH

BSNL COMPLEX S V ROAD, NEAR LIOD MALL HALASURU
M G ROAD
BANGALORE 560 008,KARNATAKA

 

080-25586736 / 25599285
cb1985@canarabank.com

5.

CHANDIGARH

SECTOR-44C BRANCH

SCO 255-256
SECTOR-44C
CHANDIGARH 160047

 

0172-2602755 / 2623663
cb2399@canarabank.com

6.

CHENNAI

NRI BRANCH

2ND FLOOR

SPENCER TOWERS-II
770A, ANNA SALAI
CHENNAI 600002, TAMILNADU

 

044-28497028 / 28497029
cb1987@canarabank.com

7.

 

DELHI

NEHRU PLACE

DDA BUILDING,
DISTT SHOPPING CENTRE
NEHRU PLACE,
NEW DELHI 110019

 

011-26475955 / 26216585 /

26286937 / 26417439
cb0390@canarabank.com

smcb0390@canarabank.com

 

BARKHAMBA ROAD BRANCH

16, DCM BUILDING,

BARAKHAMBA Road,
NEW DELHI 110 001

 

011- 23719952 / 23314603
cb1994@canarabank.com

8.

HYDERABAD

NARAYANAGUDA BRANCH

P B NO. 1048, 
3-5-168-1234,
NARAYANAGUDA,
OPP.SHANTHI TALKIES,
HYDERABAD-500 029,TELANGANA

 

040-23438630 / 23438649 /

24750318
cb0649@canarabank.com

 

9.

KOLKATA

SHAKESPEARE SARANI BRANCH

21, CAMAC STREET
GROUND FLOOR
BELLS HOUSE
KOLKATA-700016,WEST BENGAL

 

033-22904162 / 22904163 /

22904164
cb2560@canarabank.com

 

10.

MUMBAI

NRI BRANCH

KOHINOOR BUILDING

FIRST FLOOR

OPP.SIDDHIVINAYAK TEMPLE PRABHADEVI,MUMBAI-400 025 MAHARASHTRA

 

022-24304581 / 24216535 /

24216505
cb2307@canarabank.com

managercb2307@canarabank.com

 

VAKOLA BRANCH

SUNRISE APARTMENTS
PLOT NO. 369, NEHRU ROAD
VAKOLA, SANTACRUZ (EAST)
MUMBAI-400 055, MAHARASHTRA

 

022-26680693 / 26685911 /

26684019 / 26682769
cb0119@canarabank.com 
managercb0119@canarabank.com

 

11.

PUNE

PUNE CAMP BRANCH

P B NO. 21 (GPO)

RED CROSS BUILDING
PUNE CAMP,11, MG ROAD
PUNE-411001, MAHARASHTRA

 

020- 26130632 / 26053222 /
26131833 / 26136270
cb0316@canarabank.com

12.

SURAT

NANPURA BRANCH

TRADE HOUSE,

ATHUGAR STREET, NANPURA
SURAT-395001, GUJARAT

 

0261-2465115 / 2465126

 cb0277@canarabank.com

 

 

 

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.

 

http://www.canmoney.in/

 

 

INVESTMENT IN IMMOVABLE PROPERTY

  1. NRIs may acquire immovable property in India, other than agricultural land/ plantation property or a farm house out of repatriable and non-repatriable funds.

  2. 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.

Last updated as on 18th APR 2022
Got any Questions?
Call us Today!

Toll Free Numbers

1800 425 0018
1800 103 0018
1800 208 3333
1800 3011 3333


Non Toll Free Numbers
(if calling from outside India)

+91-80-22064232

Customers are requested to call on our
mentioned Toll Free Numbers only for any
complaints/issues. Bank shall not be
responsible for any consequences arising
out of customers calling any other
unverified numbers.
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Last Updated on: 18/04/2022 |   Visitors: 54327        

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