Fees & KYC Issues
Lakshmishree offers zero account opening charges for new customers, allowing you to open a demat and trading account absolutely FREE!
If you notice a name mismatch during your KYC verification, it is likely due to the PAN details fetched from the Income Tax Department.
During the e-signing process, you may see the name "Leegality" instead of Lakshmishree.
At Lakshmishree, your KYC process is usually completed within minutes.
You can complete your KYC process online by visiting the Lakshmishree website.
If your KYC documents are rejected, it means they did not meet the required guidelines. There can be multiple reasons for this, such as:
To open a demat and trading account with Lakshmishree, you need to submit the following Mandatory Documents:
KYC (Know Your Customer) is a mandatory process required by SEBI (Securities and Exchange Board of India) for all demat and trading accounts.
To ensure that your bank account is linked correctly, Lakshmishree follows a verification process using the Penny Drop Method.
No, as per SEBI regulations, you must have an Aadhaar number to open a demat and trading account with Lakshmishree.