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To become a
home-trader, you need to Register with a
stock broker by filling up Know Your Client form as
per SEBI regulations.
Documentations:
The following documents are required for registration:
1. Photocopy
of : a. Voter's ID b. PAN Card c. Passport d. Driving License -
Any one as Photo ID
2. Any one of the above as Address Proof - must be other than
the one used for Photo ID
3. Optional address proof can be provided by photocopy of the
first page of the Bank Pass Book bearing your address.
4. One passport size photograph duly signed on the face of it
5. An account payee cheque of
Rs 25,000 (preferable) but minimum Rs 20,000 as margin money
payable to the Broker. Must be issued on the same Bank you have
mentioned as your Banker in the registration document. Joint
holders are allowed.
6. A photocopy of a cheque leaf or a cancelled cheque from the same Bank.
7. It is advisable to register in a single personal name as
joint holders need to sign all documents every time and may
become inconvenient
8. If you already have an existing Demat a/c, mention that
details in your registration document. Certain brokers may not
ask for additional demat a/c. But some would for operational
reasons.
9. Call
097400-76212 (Bangalore) for
assistance in filling up the registration form - if
required. |
