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PARAYILSince 1987

From abroad

Your money in India, looked after from Angamaly.

SIPs from your NRE account, KYC on a video call, and health cover for your parents at home. We call at a time that suits your time zone, in Malayalam or English.

Book a video call
PARAYIL AGENCIESAt a glance
Accounts
NRE or NRO
KYC
On a video call
Gulf countries
UAE, Qatar, Oman, Kuwait, Bahrain, Saudi
Calls
Early morning or evening, your time
Your parents can walk into the office opposite St Martin's Shrine for anything they need while you are away.
A traditional houseboat on the palm-lined backwaters of Alappuzha, Kerala

Most Gulf families send money home every month, and most of it waits in savings accounts and fixed deposits. A monthly SIP from your NRE account puts part of it to work for the goals you are actually working abroad for: a child’s education, a house, the day you come back.

We handle the parts that are hard from a distance: NRI KYC, FATCA declarations, bank mandates, nominee details, and the conversation with your parents when they need help with a policy or a claim.

How it works

Set up from abroad in four steps

  1. A call at a time that suits you

    WhatsApp or video, in Malayalam or English, early morning or late evening Gulf time.

  2. KYC without flying home

    Passport, visa or Emirates ID, overseas address proof and a FATCA declaration. Most fund houses accept video KYC.

  3. Invest from your NRE account

    SIPs or lump sums, with every unit held in your own name and statements sent to your email.

  4. Your family's point of contact

    Parents can walk into the office for anything they need: a claim, a nominee change, a question.

What we handle

For you abroad, and your family at home

Questions

Asked from abroad

Yes. Residents of the UAE, Qatar, Oman, Kuwait, Bahrain and Saudi Arabia can invest in almost all Indian mutual fund schemes from an NRE or NRO account after completing NRI KYC.

Use your NRE account for money earned abroad; the investment and its proceeds stay fully repatriable. Use your NRO account for income earned in India such as rent.

Gulf countries do not tax them, but India does. Tax is deducted at source when you redeem. We go through the current rates with you before any redemption.

Yes. This is one of the most common things we do for NRI families. We compare senior citizen policies, check the hospitals your parents use and handle claims with them locally.

Your folios are updated to resident status, your NRE account is converted, and your SIPs can continue. We handle the paperwork.

Some fund houses restrict investors resident in the US and Canada because of reporting rules there. Several still accept them with extra declarations. Ask us before you invest.

Message us from wherever you are.

WhatsApp is usually fastest. Tell us where you live and what you would like to set up, and we will reply the same day.

Book a consultationCall

Opposite St Martin's Shrine, Angamaly South P.O.
Angamaly, Kerala 683573

  • Monday to Friday: 9:00 am to 6:00 pm
  • Saturday: 9:00 am to 5:00 pm

Get directions
Ten minutes from Cochin International Airport