GIFT City: Simplified KYC for NRIs – Invest in India Without a PAN Card!

Описание: Neil Borate speaks with Vaibhav Shah from Mirae Asset to unravel how Gift City simplifies investing for NRIs and foreign nationals!
Gift City simplifies KYC for NRIs by eliminating the need for a PAN card or mutual fund KYC. Investors only require an ID proof, such as a passport, and an address proof, which can be a passport (if the address matches), utility bill, driving license, or national tax ID card. For investors not based in India, an OVD (Originally Verified Documents) process is required, which can be completed by officials like a bank official, chartered accountant, lawyer, Indian embassy, or a judge.

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