Our Bank offers following package of services to NRIs:

We undertake on your behalf to obtain from all regulatory and other governmental agencies.

a. Approvals to buy securities in secondary market

b. Approvals to sell securities in the secondary market.

c. Tax Deduction at Source for repatriable sale credits of the securities.

1. Execution of your instruction and follow up for purchase and sale of securities from the secondary market and arrangement to get shares received duly transferred/get the proceeds for credit of your account.

2. Applications to new issues/rights issues of shares and debentures on your instructions.

3. Safe custody facilities for shares and debentures incuding giving and taking delivery of shares and debentures against sales, purchase made by NRIs.

4. Purchase payments from and sale credits to accounts specified by you if the transaction has been effected on your own.

5. Collection of dividends andinterest on shares & debentures.

6. Investment in Units of UTI government securities and others.

1. Your NRE account with our branch

2. Fill up Data Sheet giving basic details about the IMS Customers

3. a. Power of Attorney favouring Indian Bank in order to communicate with the companies on your behalf (Please note Power of Attorney should be notarized by a notary public or an Indian Embassy Official in your country). In case the same is executed in Bombay, it is required to be notarised as         well as to be stamped withRs. 50/- Special Adhesive stamp in order to make it valid.

3. b. Third Party Power of Attorney.

4. Letter of Authority to execute your sale and purchase instructions and make the credits and payments by debit to NRE/NRO accounts as specified.

Form RPI for obtaining approval from the RBI for purchase of shares and debentures from Secondary Market on a repatriable basis. This approval is a blanket approval for purchase of any shares ( in the names of holders as specified therein) from the Secondary Market.