At Lakshmishree, your KYC process is usually completed within minutes. However, it may take 1-2 Working Days for verification and final approval. Once approved, your account will be ready for trading.
In most cases, if your account is opened today, you will be able to trade by the next trading day. However, in some instances, it may take T+2 Days if additional verification is required by the stock exchanges.
To ensure a faster KYC approval, please make sure to:
- Submit all required documents correctly, including PAN (Proof of Identity), Aadhaar (Proof of Address), Bank Verification, and a Clear Signature.
- Provide Income Proof if you plan to trade in Derivatives or Commodities Segments.
Once your KYC is approved, you will receive a notification, and your account will be submitted to regulatory bodies like stock exchanges (NSE, BSE, MCX), depositories (CDSL), KRA, and CERSAI as per SEBI regulations.