Are you covered on all the regulatory parameters ?

Exchanges and Depositories have specified vide various circulars that it's mandatory to ensure that Client Name, PAN, Client Category, mobile number, email id, Complete Address, PIN Code and Income details (not older than 12 months) are updated for all existing clients by June 30th, 2022.

Income Declaration

Updation of email id and mobile number

Difference in name as per trading account/ UCC and name as per Income tax website

Mandatory Updation of Nomination for your trading and demat account

Ensure your PAN is linked to your Aadhaar card by March 31, 2023

Income Declaration

If you haven’t submitted your income declaration for your trading & demat account with us in the past 12 months then you can submit the same by following any one of the given processes TODAY

Process to Update income declaration

Online submission thro’ our website

Login > Go to the My Profile section >

Service request > Create service request >

Select income declaration option > Fill in the details and click on submit >

Your service request will be raised

Submission through Whatsapp BOT by clicking

(Note that the BOT process is valid for Individual clients only who do not have multiple family accounts with us. Also paste the link as given above and send us a whatsapp message from your registered mobile number.)

Call your relationship manager as per the contact details shared on mail & confirm income details over a recorded call.

Submit the document in person at our nearest branch. Income declaration template for Individual / Non Individual categories as applicable to be filled and submitted to the nearest branch.
click here to locate our branch nearest to you.

Updation of email id & mobile number

As per the circular details it is mandatory for every customer to ensure that their valid email id and mobile numbers are updated in the broker’s records. Accordingly, you can follow the below steps to check and ensure the same

Step 1

Go to

Step 2

Login with id and password

Step 3

Go to the My Profile Section

Step 4

Check for mobile number and email id records else update the same

The TAT for updation is T+1

Please ensure both the above processes are completed to ensure no impact on trading by June 30th 2022

Note - Please ensure that mobile & email address you intend to update through this process are not updated in any other account. If you wish to update the same mobile number and email address which is already updated in any other account then please follow modification process in physical mode and connect with your advisor.

Difference in name as per trading account/ UCC and name as per Income tax website

If there is a difference in name as per trading account / UCC and in the name as per the income tax website then we will require the below confirmations from you:

  • You need to give your consent to us via email from your registered email id at that your name in your trading account / UCC can be modified as per your name on Income Tax website along with the duly signed Modification form (click here to download modification form).

  • Scanned image of your PAN card which clearly shows your name matching as per the Income Tax website records OR Proof of any other document / application initiated by you for change of name and submitted to Income Tax authorities.

  • The above documents should reach us in soft copy (email from your registered email id) as soon as possible to enable us to undertake the necessary changes. Please click here to view the name change process and do make a note of the documentation required to support the name change request Subsequently, the duly signed modification form needs to be submitted to the nearest Branch/Authorised Person within 5 days. Click here to view the modification form template and Click here to locate nearest branch.

  • Please refer to the separate email communication sent to you in this regard.

  • Post the changes, we will communicate the same to you.

Please note the date for updation of mandatory fields has been extended till June 30th 2022. Do click to view the detailed circulars from in this regard.

Advisory - KYC Compliance

  • All investors are requested to take note that 6 KYC attributes i.e. Name, PAN, Address, Mobile Number, Email id and Income Range have been made mandatory. Investors availing custodian services will be additionally required to update the custodian details.

  • The last date to update KYC is on or before June 30th, 2022.

  • Thereafter non-compliant trading accounts will be blocked for trading by the Exchange.

  • The non-compliant demat accounts will be frozen for debits by Depository Participant or Depository.

  • On submission of the necessary information to the stockbroker and updation of the same by the stockbroker in the Exchange systems and approval by the Exchange, the blocked trading accounts shall be unblocked by the Exchange on T+1 trading day.

  • The demat account shall be unfreezed once the investor submits the deficient KYC details and the same is captured by the depository participant in the depository system.

  • To ensure smooth settlement of trades, the investors are requested to ensure that both the trading and demat accounts are compliant with respect to the KYC requirement.

  • The investors are hereby requested to comply with the regulatory guidelines issued by Exchanges and Depositories from time to time with regard to KYC compliance and related requirements

As per the recent exchange circulars it is now mandatory to update your nomination details in your trading and demat account

Here’s how you can submit your nomination details with us:

  • Click here to download, fill and submit the physical nomination form at our nearest branch on an immediate basis.

  • Please note there is an opt in /opt out option as well with reference to the nomination process & the options are available in the form. It is mandatory to choose anyone option by 30th June 2022 failing which if not done by 25th March 2022, fresh transactions will not be allowed in the account and on 30th June 2022 the trading and demat accounts will get deactivated.

  • Click here to view the detailed circular in this regard.

  • In case you decide to opt in for nomination then along with the fully filled nomination form with signature of all joint holders is required.

  • You need to tick mark on the form and submit ANYONE of the following documents and give proof for the same for nominee:

    • Photograph and Signature: Nominee photo and signature

    • PAN: Mention PAN number

    • Aadhaar: Mention Aadhaar Number

    • Saving Bank account no.: Need to mention bank account number

    • Demat Account ID: Need to mention Edelweiss DP account number

    • Proof of Identity: Any proof of Nominee (Aadhaar, Passport, Driving license, Voter’s ID) Need to submit copy of proof of identity duly attested by the nominee.

    • In case you decide to opt out of nomination, then only nomination form is required with signature of all joint account holders is required.

We request you to kindly update the choice of nomination at the earliest to avail un-interrupted demat related services.