Do we need to submit an HUF deed when opening the account?

Yes, it is compulsory to submit an HUF deed while opening an HUF trading account. The HUF deed is a legal document that formally establishes the existence of the HUF and outlines the rights and responsibilities of the family members (Karta and coparceners). This document is crucial because it serves as proof of the HUF structure and is required by Share India to validate the account opening process.

In addition to the HUF deed, you will also need to fill out the HUF declaration form. This form requires:

• Name and signature of the Karta
• Name and signature of adult coparceners: 
• Name and date of birth of minor coparceners (if applicable) 

The seal of the HUF must also be affixed to the declaration form to confirm its authenticity.

If you need any assistance with the documentation or have any queries, Share India’s dedicated team is available to guide you through each step.

Feel free to reach out to us via:

Helpline: 18002030303

Email: support@shareindia.com