Submission of important documentation as per new SEBI guide lines
- Copy of the Latest ITR acknowledgement with total value of annual income greater than Rs. 1.20 Lakhs clearly specified
- Copy of Latest annual account statement with annual income greater than 1.20 Lakhs
- Copy of Latest document of Form 16 with total value of annual salary greater than Rs. 1.20 Lakhs
- Latest Net-worth certificate issued by any practicing Chartered Accountant with value of net-worth greater than Rs. 1.20 Lakhs
- Latest salary slip with value of monthly salary greater than Rs.10,000/- per month
- Bank Statement for the last 6 months
- Depository Account Holding statement
The bank statement should be such that it should commensurate with the positions (15% of the total exposure taken by the client) in the derivative segment.
As per the new norm; All customers are required to renew this mandate on a yearly basis.