Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

Updated 4 November 2025

Language: EN

Irrespective to your resdential status, PAN Number is mandatory for investing in India Stock Market. PAN is required to open an NRI trading account with a broker. NRI investor need a PAN Card (or PAN Number) to invest in IPO's. Please read below article for more detail about NRI Trading Account. NRI Trading Account Charges, Questions, Guide - Indian Stock Market

Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

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Is PAN number required for NRI's to purchase public issue shares? If not what are the alternate requirements?

Related Questions

With whom can we open a free demat account for shares trading in India and Why?

How do I move from one broker to another? What will happen to my holdings and open positions?

How much is the exchange transaction charge?