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    Existing Bank Or Demat Accounts Outside ICICI Group

    What if I have an existing NRE & NRO a/c with any other bank, which is not a designated account for PINS?

    If you are not an existing NRI investor under the Portfolio Investment Scheme and only have your NRE and/or NRO account with any other bank(s), though you can continue to have your existing NRE/NRO account with them, you shall have to open a new NRE and/or NRO account with ICICI Bank.

    These new accounts with ICICI Bank shall now be your designated bank accounts under the Portfolio Investment Scheme. Moreover, to avail of the advantage offered by the integration of the brokerage, Bank and the Demat account, all the three accounts will have to be opened with ICICI group.

    What if I want to switch my exiting NRE and NRO account under PINS to ICICI Bank? What if I already have a Demat account with other Depository Participant? How do I transfer existing holdings in other DP to new Demat a/c with ICICI Bank? What is the previous approval document? Do I need fresh approvals under PINS after switching from existing bank to ICICI Bank? How to transfer Bonus shares from PINS to NON-PINS Account? How frequently will I be able to know the status of my bank / demat accounts?