Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is Pan Card compulsory for opening Investment account in India?

April 26, 2017account card compulsory India Investment opening pan

0

Posted

Is Pan Card compulsory for opening Investment account in India?

1 Answer

0

Posted

Pan Card is not compulsory for opening Bank accounts in India. However, if an NRI wishes to open demat account with any of the recognized depositary participants, copy of Pan card has to be submitted. It is advisable to possess a PAN Card as regulatory authorities are now increasingly seeking this document for various purposes in India.