Online Accounts & Ledger
To open an account, the following documents are required:
1) Application form
- Trading account opening form
- DDPI- Submitting DDPI is optional.
2) Supporting Documents
- A passport-size photograph to affix and sign across on the application.
- Self-attested copy of the PAN (As per the regulations, new accounts cannot be opened if the PAN is not linked with Aadhar)
- A bank account proof in the client's name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it, bank statement, bank passbook copies with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.
- An income proof to trade in F&O. The income proof can be one of the following:
- Bank statement for the last six months with an average balance of more than ₹10,000.
- The latest salary slips with gross monthly income exceeding ₹15,000.
- ITR acknowledgement with gross annual income exceeding ₹1,20,000.
- Form 16 with gross annual income exceeding ₹1,20,000.
- Certificate of net worth more than ₹10,00,000.
- Statement of demat holdings with current holdings value exceeding ₹10,000.
3) In-person Verification (IPV)
As part of the mandatory In-Person Verification (IPV) requirement for all brokers, physical verification of Documents submitted is mandatory.
4) After your account opening application is submitted it may take up to 3 days for your Trading accounts to be activated. Once your application form and the documents are verified, you will receive your unique Trading Account number (UCC).
