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Nri > Investment > Portfolio Investment Scheme

Portfolio Investment Scheme (PIS) - IDBI Bank Portfolio Investment Scheme


Portfolio Investment Scheme (PIS) - IDBI Bank Portfolio Investment Scheme

Portfolio Investment Scheme is an RBI designated mandatory route for NRIs/PIOs to invest in secondary stock market in India.

Through IDBI Bank Portfolio Investment Scheme (PIS), NRIs can purchase/sell shares and convertible debentures of Indian Companies on a recognised stock exchange by routing such purchase/sale transactions through their account with a Designated IDBI Bank Branch.


Services offered by IDBI Bank under Portfolio Investment Services
Bullet Issuance of PIS Permission letter on behalf of Reserve Bank of India
Bullet Handle mandatory reporting of PIS transactions to Reserve Bank of India
Bullet Computation and deduction of Capital Gains Tax
Bullet Payment of the above taxes to Income Tax authorities
Bullet Issuance of TDS Certificate
Bullet Easy transfer of funds between accounts for smooth operations
Bullet Internet banking facility to access your account from anywhere and anytime

Portfolio Investment scheme (PIS) Account opening form

Frequently Asked Question on PIS

We welcome all your PIS related queries at pis@idbi.co.in

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