Canara Bank Investment Facilities | Empowering Your Financial Growth

Non resident Indians can invest in India on repatriation as well as Non repatriation basis.
On Repatriation Basis: NRIs may invest in the following on repatriation basis, without any limit :
- Government dated securities / Treasury bills.
- Units of domestic Mutual funds.
- Bonds issued by a Public Sector Undertaking (PSU) in India.
- Non-convertible debentures of a company incorporated in India.
- Perpetual debt instruments and debt capital instruments issued by Banks in India.
- 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.
- Shares and convertible debentures of Indian companies under FDI scheme (including automatic route & FIPB).
- Shares and convertible debentures of Indian companies through stock exchange under Portfolio Investment Scheme.
On Non repatriation Basis: NRIs may invest in the following on Non- repatriation basis, without any limit :
- Government dated securities/Treasury bills
- Units of domestic Mutual funds
- Units of Money Market Mutual Funds
- National Plan/Savings Certificates
- Non-convertible debentures of a company incorporated in India
- Shares and convertible debentures of Indian companies through stock exchange under Portfolio Investment Scheme.
- 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.

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 :
- Resident Power of Attorney holder can be permitted to operate PIS account to facilitate investment under the scheme.
- 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).
- 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).
- 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.
- 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.
- NRIs can deal with only one Designated Bank branch for PIS purpose.

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

SL. NO.	DP CODE	CITY	BRANCH NAME & ADDRESS	Contact Details
1	163	ANAND	ANAND BRANCH, NEAR OLD POWER HOUSE, STATION ROAD, PB NO. 59, ANAND- 388001, GUJARAT	0269-2241413, 0269-2252823 cb0163@canarabank.com
2	280	AHMEDABAD	NAVRANGPURA BRANCH, GROUND FLOOR, RATNARAJ SPRING JAIN DERASAR CHAR RASTA, BESIDE NAVNIRMAN BANK, NAVRANGPUR, AHMEDABAD- 380009, GUJARAT	079-26464030,8238091912 cb0280@canarabank.com
3	404	BANGALORE	BENGALURU M G ROAD BRANCH, NO.86 SPENCERS TOWER, M.G ROAD, BENGALURU - 560001, KARNATAKA	080-25310088,9483500404 cb0404@canarabank.com
4	1985	BANGALORE	SPECIALISED NRI BRANCH BENGALURU, BSNL COMPLEX, S V ROAD, HAL II STAGE, BENGALURU- 560008, KARNATAKA	080-25586736, 8891923799 cb1985@canarabank.com
5	2399	CHANDIGARH	CHANDIGARH SECTOR 44-C BRANCH, SCO 255-256, SECTOR 44-C, CHANDIGARH- 160047, CHANDIGARH	017-22602755,8437242399 cb2399@canarabank.com
6	1987	CHENNAI	SPECIALISED NRI BRANCH CHENNAI, SPENCERS TOWER - II, (I FLOOR) 770 A, ANNASALAI, CHENNAI- 600002, TAMIL-NADU	044-28497028,9444001987 cb1987@canarabank.com
7	390	DELHI	DELHI NEHRU PLACE BRANCH, I FLOOR, B BLOCK, DDA BUILDING, NEHRU PLACE, NEW DELHI - 110019, NEW DELHI	011-26216585,8267813170 cb0390@canarabank.com
8	1994	DELHI	DELHI N R I BRANCH DCM, BUILDING, 16 BARAKHAMBA ROAD, NEW DELHI - 110003, NEW DELHI	011-23719952,9650031994 cb1994@canarabank.com
9	806	ERNAKULAM	ERNAKULAM SOUTH, POST BOX NO.1717, XXXV/823/826, JAIN BLDGS, NETTIPADAM ROAD, ERNAKULAM SOUTH, KOCHI M.G. ROAD S.O, ERNAKULAM- 682016, KERALA	0484-2375473,8281991424 cb0649@canarabank.com
10	649	HYDERABAD	HYDERABAD NARAYANGUDA BRANCH, P B NO.1048, 3-5-168-1234, OPP SHANTI TALKIES, NARAYANGUDA HIMAYATHNAGAR S.O HYDERABAD-500029 TELANGANA, KARNATAKA	040-23438630,9980050382 cb0649@canarabank.com
11	2560	KOLKATA	KOLKATA LCB, BELLS HOUSE, 21 CAMAC STREET, GROUND FLOOR, KOLKATA- 700016, WEST BENGAL	033-22904163,9555750869 cb2560@canarabank.com
12	2354	KOZHIKODE	BADAGARA NARYANA NAGAR BRANCH, 18/2 KARUNA BUILDING OPP. NEW BUS STAND, NARAYANA NAGAR, BADAGRA, KOZHIKODE- 673101, KERALA	0496-2523457,8547857028 cb2354@canarabank.com
13	108	MUMBAI	MUMBAI FORT BRANCH, POST BOX. NO.292, WARDEN HOUSE, SIR PHIROSHAH MEHTA ROAD, MUMBAI - 400001, MAHARASHTRA	8655918370,8655963172 cb0108@canarabank.com
14	15037	MUMBAI	MUMBAI NARIMAN POINT -II BRANCH, 227, JOLLY MAKER CHAMBERS NO. 1 NARIMAN POINT, MUMBAI - 400021, MAHARASHTRA	022-22843017,8655963214 cb15037@canarabank.com
15	2307	MUMBAI	SPECIALISED NRI BRANCH, 85, MARTHANADA, ANNIE BASAENT ROAD, WORLI, MUMBAI- 400018, MAHARASHTRA	022-24935229,8655963192 cb2307@canarabank.com
16	119	MUMBAI	VAKOLA BRANCH, SUNRISE APARMENTS, PLOT NO. 369, NEHRU ROAD, VAKOLA, JAYSHREE VAKOLA BRIDGE, SANTACRUZ (EAST), MUMBAI- 400055, MAHARASHTRA	022-26682769,9921146767 cb0119@canarabank.com
17	316	PUNE	PUNE CAMP BRANCH, POST BOX NO 21, RED CROSS BUILDING, 11 M.G. ROAD, PUNE CAMP, PUNE- 411001, MAHARASHTRA	020-26053222,9538447320 cb0316@canarabank.com
18	17176	SURAT	SURAT NANPURA BRANCH, GANDHI SMRITHI HALL, NANPURA, NANPURA, SURAT- 395001, GUJARAT	02612475727,9427314809 cb17176@canarabank.com

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/

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.