KYC Norms
Know your customer (KYC) is a customer identification process that is done to prevent any criminal activity. SEBI has made it mandatory for KYC norms to be fulfilled in order to open a demat account. Here’s what is required to fulfil the KYC norms: a) Proof of identity: PAN card with photograph, voter ID card, passport, or Aadhar card b) Proof of address: Ration card/passport/bank account statement, driving license, or utility bills
(electricity bill, telephone bill) (PAN card is compulsory) c) Bank account number held in your name