Who Is Eligible for Opening a Trading Account?
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WHO IS ELIGIBLE FOR OPENING A TRADING ACCOUNT? Any individual resident of India is eligible for opening a trading account. WHAT IS ONLINE EKYC? It is paperless online trading account opening process. Features of e-KYC are:-
1) A/c opening– on real time basis
2) Instant Trading facility – across platforms.
3) Time saver – account opened in 20 minutes only.
4) Prevent Identity hacking and forging. WHO CAN OPEN PAPERLESS A/C? All Resident Individuals who have a -- Valid Aadhaar ID & Aadhaar registered mobile number for one time password (OTP) verification. HOW CAN I OPEN PAPERLESS ACCOUNT? Paperless A/c opening is facilitated through valid Aadhaar ID. DO I NEED TO SUBMIT ANY DOCUMENT FOR OPENING THE PAPERLESS ACCOUNT? No but following documents need to ready in jpg format (visible) online application:
1. PAN Card
2. Aadhar card
3. Cancelled cheque with pre-printed name
4. Client Signature
5. Financial proof ( 6 months-Bank passbook or statement)
How to get started: CAN I USE MOBILE NO. OTHER THAN THE ONE REGISTERED WITH AADHAAR FOR ACCOUNT OPENING? NO. Aadhaar mapped Mobile No. is necessary for One Time Password verification and communication clearly in the soft copy) Preprinted Cancelled Cheque - client’s name should be pre-printed on the cheque. Aadhaar card Income Proof (if opted for Derivatives segment) Signature WHAT IS ESIGN? E-sign refers to the electronic signatures or digital signatures. An account opening form has to be authenticated and can be processed after it has been duly signed by the client. In the context of paperless Account opening, we fetch digital signatures of the client which is updated in Aadhaar and affix it electronically to authenticate the paperless A/c opening form. The e-sign is generated at the time of filling the Online Account Opening form and is validated after One Time Password verification by the client. This sign is valid only for the E-KYC.
CAN I FILE ONLINE APPLICATION; IF I DO NOT HAVE AADHAR NUMBER OR MY MOBILE NUMBER AND\OR EMAIL ARE DOES NOT LINKED WITH MY AADHAAR NUMBER OR DO NOT ? Yes, you can. Bbut we need to take your signature on physical KYC form as AADHAR based authentication cannot be used. You may use the eKYC module to fill up the details and upload required documents. We shall depute our repetitive representative who shall visit you within one day with printed KYC form with the details filled up by you electronically and with copies of documents you have uploaded, and take your signatures onsignatures on the KYC form and copies of documents.your application. If you upload your photographs then use menu during filling online application