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Apr 10, 2009

Documents and proofs needed to open Demat and Trading Accounts:

Before Opening Demat Account and Trading Account you should be ready with some Important documents ready. they are as listed bellow. If you are not ready with all those necessary documents start applying now. Here are are the Necessary documents.

1) Savings Account with any one bank.
2) One Self Cheque leaf of the same account where you hold the Bank account. This cheque should be of MICR(Magnetic Ink Character Recognition) cheque. Share Brokers do not accept Micro cheques(local cheques or same city cheques).
3) Photo copy of your Address Proof.
4) Photo Copy of Identity Proof.
5) Photocopy of yor Pan Card. If you dont have apply for PAN card now. It will take 15 to 20 days to get delivered yor PAN Card at the given address.
6) 2 to 5 color photos. (Requirement varies from each broker so call to your broker and ask him how many photos they need)

For more Information Click on Bellow links.
1) Documents accepted as a address proof.
2) Documents accepted as a Identity Proof.

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