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As an NRI, how do I start a SS Corporate trading and Demat account?

By linking your Non-Resident Ordinary (NRO) or Non-Resident External (NRE) savings bank account to Bloom, you can open a Demat and trading account. You can read this to find out which banks you can connect to SS Corporate.

A Portfolio Investment Scheme (PIS) approval letter from the Reserve Bank of India is required before you open a Demat and trading account (RBI). Your bank will assist you in obtaining the PIS approval letter (if you have an NRE/NRO account).

At a bank, you can open both an NRE and an NRO account. However, you can only link your trading and Demat accounts to one bank account.

You must now submit the account opening form together with the following supporting documentation to open your trading and Demat account:

- Copy of PIS permission letter (You can link your NRO savings bank account to open a non-PIS account. Find out more.)
- ACA Broking Limited has received a copy of the FEMA declaration.
- Overseas address proof — a copy of a driver's license or foreign passport, utility bills, or bank statements (within the last two months), or a notarized copy of a rent agreement, lease & license agreement, or sales deed
- Copy of pan card
- Indian address proof, if any.
- Passport size photograph.
- A copy of the valid passport with India as the place of birth and a copy of the valid visa in the case of an Indian passport.
- A copy of the valid passport and a copy of the PIO/OCI card in the case of a foreign passport.
- Proof of bank account (a canceled cheque leaf from your NRE or NRO savings bank account) and P.O. Box declaration in your home country.
- Client Details Form for the Foreign Account Tax Compliance Act (FATCA) to confirm all of the information provided in the application.

Note:
1. A copy of the NRI's PAN card, passport, and proof of foreign address must be self-attested and notarized by the Indian embassy or another competent authority, such as authorized officials of scheduled commercial banks registered in India, public notaries, court magistrates, judges, or the Indian embassy/consulate general in the country where the NRI resides.

2. If you add a nominee to your account, you must provide ID proof for the nominee. Any kind of identification, such as Aadhaar, voter ID, or a driver's license, will qualify.

3. The attesting authority shall stamp the documents with a "confirmed with original" stamp, as well as their name, designation, signature, and date.