Union Bank of India- Product

Search

Home You are here : path  Products path International path Portfolio Investment

image PORTFOLIO INVESTMENT SCHEME

  • NRIs can Invest in Secondary Stock market in India on the floor of the Stock Exchange through SEBI RegisteredShare Brokers only
  • PIS Transactions to be routed through a single DesignatedOne Branchof One Bank  - authorized by RBI
  • NRI Investments on Repatriation / Non-Repatriation Basis is subject to ceilingprescribed from time to time
  • NRI to submit form NRI/NRC (Non-repatriation basis) or RPE/RPC (Repatriation basis) to designated Branches
  • NRI to furnish an undertaking to that effect that the applicant has no dealing / will not deal with any other branch / bank under PIS
  • Authorized branches will give one time permission
  • Funds for Investments may be fresh remittances or from NRE / FCNR accounts maintained with the bank
  • Transactions have to be on delivery basis
  • Sale proceeds / Income earned may be repatriated subject to payment of applicable taxes
  • The gains on these transactions are subject to applicable short term or long term Capital Gains
 

union

union

  • Rewarded

    Rewarded

    Earn reward points on transactions made at POS and e-commerce outlets

  • Book your locker

    Book your locker

    Deposit lockers are available to keep your valuables in a stringent and safe environment

  • Financial Advice?

    Financial Advice?

    Connect to our financial advisors to seek assistance and meet set financial goals.

  • ATM & Branch Network

    ATM & Branch Network

    Find PNB Branches and ATMs in proximity to your location.