MASTER KYC CHECKLIST

Transcription

1 MASTER KYC CHECKLIST Below given is the checklist for opening Kyc account (trading + demat). All provided document should be self attested by client. CHECKLIST FOR INDIVIDUAL documents and it s options PAN COPY (MANDATORY) BANK PROOF Personalized cheque leaf - it should be cancelled and signed by client Bank pass book - without any correction (If correction done, bank seal with branch manager attestation required next to the correction) Bank statement - it should be latest 4 months Bankers letter - Should be on the letter head of bank / Duly attested by bank official under bank seal ADDRESS PROOF Valid pass port Valid driving license Electricity bill ( not more than 2 months old ) Res. Telephone bill ( not more than 2 months old) Ration Card Voter ID Photocopy of the Passbook having name and address of the BO. Sale agreement (should be latest 1 year) LIC Policy letter with latest premium copy Govt. authorized Gas connection bill (latest two months old) Leave and license agreement (For correspondence address only. And should not be expired within the 3 months from date of account opening) COLOR PHOTOGRAPH FRONT FACED (pass port size) DEMAT PROOF Incase of only Trading account opening Latest transaction statement Latest client master (client should be first holder in provided CML) Account opening letter if new account opened with depository attestation with seal (in client's name only as first holder) Page 1

2 Bank document should be in the name of first holder only. Obtaining Pan Card details of all the holders is compulsory for all categories of Demat account holder(s). In case of third party address as a correspondence, same can be accepted along with third person s POI and POA. It should also supported with third person s consent letter(relation proof) Valid address proof and Pan Card details are mandatory for second and third holder and the same should be self attested respectively. Proof of identity or address is in a foreign language, then translation into English is required Documents having an expiry date should be valid on the date of submission BANK STATEMENT AS PROOF OF ADDRESS A computer-generated statement without signature/stamp of the bank (showing the name and address of the client and bank transactions during a period, printed on the Bank stationery) can be accepted as a valid proof of address only if duly attested by the concerned Bank under the stamp and signature of the bank official. Original bank statement (showing the name of the client, address of the client and bank transactions during a period, printed on the bank stationery) self attested by the client along with cancelled cheque (in original) pertaining to the said bank account, without bank attestation as mentioned above can be accepted as valid proof of address provided that such original bank statement is not more than 4 months old. OR ADDITIONAL PROOF OF IDENTITY Pan card is mandatory where as in case client s photograph is not clear/visible on given pan card copy in such case client can also provide below given photo id proof as an additional document Passport copy Voter id copy Driving license copy Latest Photo verification letter from bank (duly attested by bank and should be the original) Unique Identification Number (UID) (Aadhaar) Page 2

3 CHECKLIST FOR HUF ACCOUNT All the documents for account opening for individual client will have to be collected for karta. Pan copy of karta Permanent address proof of the Karta Photograph of the Karta Pan card copy indicating existence of HUF client Bank proof copy indicating existence of HUF client Demat proof copy indicating existence of HUF client (in case of existing DP) Declaration by karta giving details of family members of HUF with their names, sex (male, female), DOB, signatures and relationship with karta Financial document in the name of HUF Note: HUF cannot appoint nominee HUF account cannot open with joint holders In account opening the karta shall sign under the HUF stamp CHECKLIST FOR PARTNERSHIP ACCOUNT All the documents for account opening for individual client will have to be collected for all the partners. Pan copy of Partners Permanent address proof of the Partners Photograph of the Partners Pan card copy in the name of partnership firm Certified true copy of partnership deed (notarized) Certificate of registration (for registered partnership firm only) Address proof in the name of partnership firm Bank proof with a/c number, branch name and in the name of partnership firm. Name clearly mentioned. (Bank letter required stating the name of the Partners, duly attested by the bank) DP a/c cannot be opened in name of partnership firm it is opened in the name of authorized partners or in the name of dominating partner, who s P&L sharing ratio is above 51% in said firm as mentioned in the partnership deed. Declaration of partnership firm on firm s letter head (In case of more than 3 partners in the firm) Authorized signatories list with specimen signature Financial proof for F&O segment, if F&O required. Last 2 years ITR and Balance Sheet copies along with first and last three pages duly attested by all the partners (to be submitted every year) Net worth certificate of the firm in case where latest ITR and balance sheet is not available. Page 3

4 Provided documents in the name of firm, should be attested by all the partners where individual document can be self attested by respective partners. CHECKLIST FOR CORPORATE ACCOUNT All the documents for account opening for individual client will have to be collected for all the authorized signatories. Pan copy of all directors Permanent address proof of all directors Photograph of all authorized signatories ( to be affixed in the form as per instruction) Certified true copy of Board Resolution of company duly certified by managing director/company secretary, authorizing opening of Trading and Demat account and specifying the name of persons authorized by the board to operate the said trading and demat account should be on the company letter head. (format given in the form) Certified true copy of MOA and AOA required with co. Stamp and authorized person s signature on first and last 3 pages of the MOA and AOA Pan card copy of the company Registered office address proof of the company Bank details proof of the company along with cancelled cheque leaf Last 2 years ITR and balance sheet copies along with first and last three pages duly attested by authorized signatories (to be submitted every year) Net worth certificate of the company in case where latest ITR and balance sheet is not available. Document evidence of the financial details of the company. Name change certificate in case of change in name of the company along with renewed registration and incorporation certificate of the company (If applicable) Latest Share Holding pattern duly certified by managing director/company secretary Form 32 required in case if authorized signatories name is not mentioned in MOA/AOA Form no.18 require if company address has changed and it is not as per the MOA/AOA Page 4

5 Provided documents in the name of company, should be attested by all the authorized signatories. CHECKLIST FOR NRE/NRO ACCOUNT In case of NRI client, copy of PIS a/c and copy of Passport is compulsory. Pan card copy, Bank proof ( NRI account NRE or NRO), For proof of residence passport copy, Foreign address proof in the name of client. Photograph of the NRI.(color, passport size) Any local address for communication ( if any) Demat a/c proof with the NRI status, Copy of power of authority (POA) issued in favor of person who will act on behalf of NRI along with proof of identity of POA holder. (If applicable). Please note that if new NRI / PIO clients wish to trade in Derivatives segment then they will be required to sign in and submit the following documents along with the account opening form. Annexure 51 CP CM agreement Passport declaration Certified passport photocopy Certified PAN photocopy Certified NRE / NRO bank proof Proof of Indian & Foreign address PIS approval letter Demat a/c proof 2 Passport size photographs Page 5

6 NRI / PIO clients would be allowed to execute intraday trades for F&O. However intraday trades are not allowed for NRI / PIO clients in the Cash [Capital Markets] segment. At the time of opening an NRI Account all photocopies of documents collected are to be attested by the Indian Embassy/Consulate General/Notary Public/Any Court/Magistrate/Judge/Local Banker in the country where the NRI/FN resides. The Attesting Authority must affix a Verified with Originals stamp on all documents submitted for Account opening and the same should be self attested by the NRI. If the NRI comes in person to open the account, the above attestation requirement is not applicable. In case of Merchant Navy NRI s, Mariner s declaration or certified copy of CDC (Continuous Discharge Certificate) is to be submitted. CHECKLIST FOR TRUST ACCOUNT We can open two types of Trust account a) Registered (Charitable trust) b) Unregistered (Family) Trust All the documents for account opening for individual client will have to be collected for all the authorized trustees Pan copy of trustee Permanent address proof of the trustee Photograph of the trustee Bank proof of authorized trustee ( who will be the first holder in Demat account in case of unregistered trust account) Certified true copy of trust deed & rules. List of members on the board of trustees duly certified by managing trustees/ca Address proof of Trust Certified true copy of board resolution to open the demat account and specifying the persons authorized by the board to act as authorized signatory (ies) to operate the demat account. (in case of only registered trust) Pan details of trust In case of registered trust the Demat account can be opened in the name of trust only under non individual category Copy of balance sheets for the last 2 financial years (to be submitted every year) Page 6

7 In case of un-registered trust, Demat account should be open in the name of authorized trustee under non individual category (all documents should be required as per individual client) Bank proof with a/c no branch name and trust name should be mentioned /bankers verification ADDITIONAL INFORMATION IMPORTANT CHECKS Additional documents in case of trading in derivatives segments Copy of ITR Acknowledgement (for last financial year) Copy of Annual Accounts (for last financial year) Copy of Form 16 in case of salary income (for last financial year) Net worth certificate (latest one, or at the end of last financial year) Salary Slip (for one month in current financial year) Bank account statement (for last 6 months) Copy of Demat account Holding statement (not more than 3 months old) Any other relevant documents substantiating ownership of assets Self declaration along with relevant supporting.(the income as per declaration should be commensurate with the supporting document provided) If correspondence & permanent address are different, then proof for both has to be submitted. Sole proprietor must make the application in his Individual name and capacity. For opening an account with Depository participant for a minor, photocopy of the School Leaving Certificate / Mark sheet issued by Higher Secondary Board / Passport of Minor / Birth Certificate must be provided. Page 7