What documents are needed to open a Lakshmishree account (HUF - Hindu Undivided Family)?

HUF (Hindu Undivided Family) accounts at Lakshmishree cannot be opened online through the website. It is a fully offline process that requires physical document submission.

To open a Hindu Undivided Family (HUF) trading and demat account with Lakshmishree (Shree Varahi), the following documents are needed:

  • Equity Application Form with HUF seal and Karta's signature.
     
  • PAN Card copy of the HUF with seal and signature.
     
  • PAN Card copy of the Karta with HUF seal and signature.
     
  • Passport-size photographs of the Karta and co-parcener or member, to be affixed on the application forms.
     
  • Self-attested PAN card copy of the Karta.
     
  • Self-attested PAN card copy of the co-parcener or member.
     
  • Address Proof of the HUF with seal and signature (latest HUF bank statement or passbook).
     
  • Address Proof of the Karta with HUF seal and signature.
     
  • Self-attested address proof of the Karta (Aadhaar, Driving Licence, Voter ID, or Passport). If Aadhaar is used, submit a masked Aadhaar. 
     
  • Bank Statement or Bank Passbook Copy clearly showing the bank account number, MICR code, and IFSC code.
     
  • HUF Deed document.
     

For activating the F&O and Commodity Segments, any one of the following income proofs must be submitted:

  • Latest 6 months' Bank Statement or passbook of the HUF account.
     
  • Latest year Audited Profit and Loss Statement.
     
  • Latest year Income Tax Return (ITR) Acknowledgement.
     
  • Net-worth certificate from a Chartered Accountant with the UDIN number specified.
     
  • DP holding statement of the entity.
     

The Account Opening Charges for HUF accounts are ₹600 + GST, covering equity trading, demat, and commodity accounts.

Once all the documents are ready, you must email the soft copies to kyc@lakshmishree.com for initial review. After the review and corrections (if any), courier the signed documents along with a cheque of ₹600 + GST, payable to Lakshmishree Investment & Securities Ltd, to the Lakshmishree office address provided.