Personal Investment Services Demat Documentation
Demat : Documentation

Key Features

  • Efficient depository services that allow you to hold your shares in convenient, "demat" formats
  • Leverage opportunities in the stock-market when you spot them
Documentation

In order to open a Demat account, you will need to provide/produce the following documents

Account Opening form

  • Duly filled Client Relationship Form (Individual or Corporate), Demat Account Opening Form (Individual or Corporate)
  • Duly executed and stamped Depository Participant Client Agreement supplied by the Bank
  • A photograph of each holder/signatory to be pasted on the form and signed across.
  • Nomination form (optional—applicable only for individual accounts. HUF & Corporate accounts cannot give nomination. )

Note

  • Copy of PAN card is mandatory for all categories of Accounts. In case of Joint holders all the joint holders must provide PAN Card copy
  • Proof of address required for both Indian address and foreign address for NRI Accounts
  • NRI Repatriable Account must provide Copy of General Permission issued by RBI/Bank, till then the standing instruction in the Account will be “N”
  • The HUF accounts can be opened in the name of and operated by the Karta only.
  • Please carry all the original documents while opening the Demat Accounts to enable the Branch to verify them.
Identity Proof

Individual Accounts

  • Pan Card
  • Valid Passport
  • Voters ID
  • Valid Driving License
  • Photo Debit/Credit Card issued by Banks
  • College ID card (valid till the applicant is a student)
  • Identity Card/Doc issued by Govt, Statutory/Regulatory Authorities, Scheduled Commercial Banks, Public Financial Institutions, Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc. to their Members.

Address Proof

  • Voters ID
  • Utility Bills--not more than 2 months old from Date of Bill( Telephone bill- only land line bills are acceptable )
  • Valid Passport /Valid Driving License
  • Leave & License Agreement/Sale Dees ---only Registered copy
  • College ID Card (valid if the applicant is a student)
  • Identity Card/Doc issued by Govt, Statutory/Regulatory Authorities, Scheduled Commercial Banks, Public Financial Institutions, Professional Bodies such as ICAI, ICWAI, ICSI, Bar Council etc. to their Members.

Corporate Accounts

  • PAN Card copy of the Corporate
  • Board Resolution - Account Opening and Mode of operation
  • List of Authorized Signatories with specimen signatures
  • Photograph of authorized signatories signed across
  • Memorandum and Articles of the company
  • Introduction of the corporate by bank

Corporate Accounts

  • PAN Card copy of the Corporate
  • Board Resolution - Account Opening and Mode of operation
  • List of Authorized Signatories with specimen signatures
  • Photograph of authorized signatories signed across
  • Memorandum and Articles of the company
  • Introduction of the corporate by bank

Address Proof

  • Document registered with Registrar of Companies
  • Acknowledgement copy of IT Return
  • Registered Leave and licnese Agreement or Agreement for Sale

To open a demat account right away, just click here