To ensure that your bank account is linked correctly, Lakshmishree follows a verification process using the Penny Drop Method.
Fees & KYC IssuesNo, as per SEBI regulations, you must have an Aadhaar number to open a demat and trading account with Lakshmishree.
Fees & KYC IssuesNo, Lakshmishree Never Asks For KYC Documents or personal information via WhatsApp, email, or any third party
Fees & KYC IssuesYes, Lakshmishree offers an offline KYC process for customers who prefer to complete their account opening manually.
Fees & KYC IssuesIf your Lakshmishree account has been inactive for 12 months or more, it is marked as dormant as per SEBI guidelines.
Fees & KYC IssuesLakshmishree offers Demat and Trading account services for Non-Resident Indians (NRIs) through NRE and NRO modes.
Fees & KYC IssuesIf someone calls or messages you asking for your KYC documents, OTP, or banking details, it is likely a fraudulent attempt.
Fees & KYC IssuesKYC (Know Your Customer) is mandatory for all investors who wish to trade or invest in Equities, Futures & Options or Commodities on the stock exchange.
Fees & KYC IssuesTo update your registered address with Lakshmishree, follow these steps:
Fees & KYC IssuesCKYC (Central KYC) is a government initiative that standardizes KYC across financial institutions, allowing users to complete KYC once and use it across multiple platforms.
Fees & KYC Issues