To activate the Futures & Options (F&O) segment in your Lakshmishree trading account, you must submit proof of income as per regulatory guidelines. You can provide any one of the following documents:
- Bank Statement: Last 6 months’ statement showing at least one transaction above ₹5,000. The statement should have the bank logo, account holder’s name, and account number.
- Salary Slip: A salary slip from the last 3 months with a minimum net/gross salary of ₹10,000, along with the company’s name/logo.
- Salary Certificate: Issued on the company’s letterhead, mentioning salary details and the applicant’s name.
- Income Tax Return (ITR): ITR acknowledgement of the latest financial year, showing total income of at least ₹1,20,000. The PAN, computation details, and acknowledgement number must be clearly visible.
- Demat Holding Statement: A statement from the last 3 months with holdings worth ₹10,000 or more, along with the company’s logo/stamp.
- Form 16: The latest assessment year’s Form 16 shows the PAN details of both employer and employee, along with the company’s stamp/signature.
- Net Worth Certificate: A certificate issued within the last 6 months, signed and stamped by an authorised professional.
How to submit the documents?
You can upload any of the accepted income proof documents through the Lakshmishree website or mobile app. Ensure that the document is clear and meets the mentioned criteria. If your submission gets rejected, check for errors like incorrect details, missing stamps, or outdated documents, and re-upload the correct file. If you need assistance, reach out to Lakshmishree’s support team.
