Documents For Openig a Demat Account

 A Demat account is similar to any other bank account, except that it is used to hold securities and other financial instruments. As the procedure to open demat account online is almost the same across different firms and institutions, the list of mandatory documents required to register the account is also the same. The different types of documents required for opening a Demat account are:

  1. Proof of Identity (POI) (Eg.: Driving license)
  2. Proof of Address (POA) (Eg.: Passport)
  3. Proof of Income (For trading in derivatives such as F&O) (Eg.: Copy of ITR Acknowledgement)
  4. Proof of Bank Account (Eg.: Cancelled cheque)
  5. PAN Card
  6. 1 to 3 passport size photograph

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