Procedure & Documentation Apply now » QFI requires to open the following in order to invest in India: Single Demat account with a QDP. Single Non-interest bearing Rupee Bank Account with Authorized Dealer Banks (Category 1). Trading account with SEBI registered Stock Broker (multiple brokers possible). QFI should have a Permanent Account Number (PAN). QDP will assist QFI in opening the accounts, following documents are required for opening these accounts » Duly filled application forms Photographs (with white background) Attested copy of proof of address Attested copy proof of identity and Permanent Account Number (PAN Card). In case of non-individual QFIs relevant documents as per the category may be required viz. Memorandum and articles of Association, registration certificate, Balance sheets, Board Resolution, etc. » In case Bank account statement (of country of residence outside India) or copy of other national or citizenship Identification Number or Taxpayer Identification Number are provided as proof of identity or proof of address then it should be duly attested by "Apostille" (in respect of countries which are signatories to the Hague Convention of 1961) or by the Indian Embassy or High Commission or Consulate in the country where the applicant is located. However an NRE bank statement should contain at least two customer induced transactions in last six months period and should be duly attested by Indian Embassy / Consular office / High commission or Apostille or by the manager of the bank in which the account is held. The applicant may be a joint holder. Other documents are required to be self-attested by the QFI.