uTrade AlgosOpening a trading and/or Demat account with Share India is a simple process and can be completed online. In this process, you will need the following documents:
- PAN Card: A valid Permanent Account Number (PAN) card is essential for identification and tax purposes. The process for Know Your Customer (KYC) begins by uploading the same on our portal.
- Aadhar Card: An Aadhar card is required as proof of identity and address. If you have it uploaded on DigiLocker, you will be prompted on the portal to extract details from the same.
- Signature: A scanned copy of your signature is required. Please ensure it’s a clear scan of a signature made with a ballpoint or ink pen. Markers or sketch pens are not acceptable. The picture should be cropped neatly and proportionately.
- Income Proof: If you plan to engage in Futures and Options (F&O) or Currency Derivatives trading, you will need to provide income proof. This could include any of the following:
- Bank statement (from the last 6 months)
- Latest income tax return statement
- Latest 3-month salary slips
- Networth certificate
- Latest copy of Form 16
- Copy of annual accounts
Apart from these documents, you will also be required to:
- Fill your bank account details on the portal which you wish to link to Share India.
- Upload a selfie clicked via webcam in the ‘Documents’ section.
By keeping these documents ready, you will be able to open your Demat account with Share India with ease. Get started today by visiting https://www.shareindia.com/open-demat-account.