To open an Individual demat and trading account with Lakshmishree (Shree Varahi), you need to provide the following documents:
- PAN Card – Required for identity verification.
- Aadhaar Card / Passport / Driver’s License – Required for address verification.
- Bank Verification – This can be done using:
- Electronic penny drop verification (if supported by your bank).
- A cancelled cheque, passbook, or a screenshot of your bank account clearly showing your name, IFSC code, branch address, and account number.
- Income Proof (Mandatory for F&O Trading)- Any 1:
- Last 6 months' bank statement.
- Latest salary slip.
- Latest DP holding statement (not older than 3 months).
- Income Tax Return (ITR) acknowledgement.
- Form 16 (for salaried individuals).
- Your Photograph – A selfie taken during the application process.
- Signature Proof – A photo of your signature on white paper or digitally captured on a mobile screen.
- Mobile Number & Email Verification – Required for account activation.
Important: As per SEBI regulations, your PAN must be linked with Aadhaar to open an account. If your PAN is not linked, you will need to complete the linking process first.