Can I open a Lakshmishree account without an Aadhaar number?

No, as per SEBI Regulations, you Must Have an Aadhaar number to open a demat and trading account with Lakshmishree.

Aadhaar is required for the following purposes:

  1. PAN-Aadhaar Linking – Your PAN must be linked with Aadhaar, as mandated by the Indian government.
     
  2. eSign Process – Aadhaar is used to digitally sign your Account Opening Form (AOF) during online registration.
     
  3. Proof of Address (PoA) – Aadhaar is the primary document accepted for address verification. However, if you do not wish to use Aadhaar as PoA, you can submit a Passport or Driving License instead.
     

If your PAN is not yet linked with Aadhaar, you can do so via the Income Tax e-Portal before proceeding with the account opening process.