Non Resident Individual clients can be onboarded through offline mode and start investing in Corporate Fixed Deposits. To start investing in FDs, the client needs to complete FD KYC registration.
The following documents are required for account creation and KYC registration.
a. PAN copy
b. NRI undertaking & FATCA/CRS form (Enclosed)
c. Indian address proof ( Aadhar Card, Driving License, Voter's ID, Passport )
d. Overseas address proof- must be in English
f. Person of Indian Origin(PIO) card - (required only if it is a foreign passport)
g. Passport with valid Visa copy
h. The DTAA form and the TRC certificate must be submitted by the client in order to avoid TDS being applied by the provider; otherwise, TDS will be applied in accordance with Section 195 of the Income Tax Act, 1961.
Mother name has to be mandatorily mentioned on the KYC form.
Maximum tenure period for NRI clients to invest in FD is 3 years.
Investments are accepted from NRO bank accounts only.
All the above documents need to be self-attested by the client and sent to operations@assetplus.io
Shriram - All the above documents need to be self-attested by the client and sent to operations@assetplus.io
Bajaj, and Mahindra - All the above documents need to be self-attested by the client, and send the hard copies to the address below:
The order will be processed and completed within 7–10 business days after the payment is made. Payment can be made via NEFT/RTGS or cheque. Once the order is completed, the client will receive an e-receipt via email from the respective provider as confirmation.
Please Note: Kindly share the scanned copies of the documents for verification before dispatching the hard copies. Once the team reviews and confirms, you may proceed with sending the originals.