
Documents required for investing in stocks
Your PAN Card
Your Aadhaar Card
Your name on a canceled cheque from your active bank account
A proof of your residence based on a list of documents that have been accepted by your stock broker, depository participant, or bank
Documents detailing that you earn an income
Passport-sized photographs of you
Your Aadhaar Card
Your name on a canceled cheque from your active bank account
A proof of your residence based on a list of documents that have been accepted by your stock broker, depository participant, or bank
Documents detailing that you earn an income
Passport-sized photographs of you
To invest in stocks, certain documents are typically required to comply with regulatory and identity verification processes. First, a valid government-issued ID, such as a passport or national identity card, is necessary for identity verification. Second, proof of address, such as a utility bill or bank statement, is needed to confirm your residence. In some countries, a tax identification number (TIN) or Social Security number is required for tax reporting. You may also need to provide bank account details for fund transfers. For non-residents or foreign investors, additional documentation like a visa or proof of legal residency might be requested. Finally, some brokers may ask for employment or income verification to assess your financial suitability for trading activities.
Dec 30, 2021 12:07