Documents Required for Demat Account - PowerPoint PPT Presentation

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Documents Required for Demat Account

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If you are planning to open a demat account here is everything you should know about it. In this presentation, you can learn about the details of all the documents required for demat account(). – PowerPoint PPT presentation

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Title: Documents Required for Demat Account


1
Documents required to open a demat account
2
Introduction
  • A demat account is short for Dematerialized
    Account wherein all your shares and securities
    are held in electronic form. To make online
    trading more convenient and easier for everyone
    all the securities are converted from physical to
    electronic form.
  • If you are planning to open a demat account here
    is everything you should know about it. In this
    presentation, you can learn about the details of
    all the documents required for demat account

3
Process of opening
  • As mentioned earlier you can open a demat account
    online and you can upload the documents on the
    website of the DP. The documents needed for demat
    account are most common across all firms or
    financial institutions. Learning about what is
    Demat Account its requirements can be tricky,
    and you can get confused between too many
    documents.
  • On the next slide will be a list of the documents
    you need to have to open a demat account.

4
Documents required
  • 1. Proof of Identity Any Identity card with a
    unique identification number (UID). For example,
    you can provide an Aadhaar card, Passport, Voter
    ID card, or driving license.
  • 2. Proof of Address Documents like Passport,
    Voter ID, Driving License, Flat Maintenance bill,
    Insurance Copy with valid address details.
  • 3. Proof of Income You can submit a photocopy of
    ITR i.e. Income Tax Return
  • 4. Proof of Bank Account Proof of Bank Account
    is one of the documents needed to open demat
    account. You can submit a canceled cheque leaf as
    proof for your bank account.
  • 5. PAN Card PAN Card is a mandatory document
    that must be submitted by every applicant. Only
    applicants who are exempted from obtaining PAN
    cards are not required to submit this document
  • 6. 1 to 3 Passport Size Photographs

5
Conclusion
  • Now that you know the documents required to open
    demat account you can head over to the website of
    your preferred financial institution and open
    your demat account today.

6
THANK YOU
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