To enter the stock market and start the investment journey in the share market, one is required to open a Demat & trading account. A Demat account helps hold the shares in digital or electronic form. It is a safe and secure way to hold the securities with ease of handling and maintenance. There are a few documents required for opening a demat account that need to be submitted while opening the account.
In proof of identity, a person who is willing to open a Demat account can submit either of the below documents required to open a demat account in India:
PAN card also being proof of identity is a mandatory document required for opening a demat account.
With respect to address proof, you can submit any one of the below documents required to open a demat account in India. However, kindly discuss with your chosen broker regarding the address proof documents required by them at the time of submission.
Income proof needs to be submitted to trade in the Futures and Options segment. You can submit any of the below documents:
Given below is a list of people who are authorized to attest to your proof:
Kindly note, an NRI wanting to open a Demat Account with an Indian DP needs to choose between non-resident external/non-resident ordinary. There is a separate list of documents needed for the same.
Once you have these documents ready, you can open a Demat and trading account and start your investment journey.
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