What are the requirements for Resident Indians?
The documents required for a Resident Indian are a KYC Application form, along with a valid PAN proof, address proof, and a color photograph on a light background. Original PAN card must be shown while submitting KYC application form for verification, thereafter, which, the same will be returned across the counter. • Are there any special requirements for Non Resident Indians? Yes. Such applicants must furnish a certified copy of proof of their identity (their PAN). PAN is the sole identification number for KYC compliance. Also a copy of their overseas / local address proof (as applicable) certified by a local authority / Indian embassy / consulate is required. If documents are not in the English language, they must be translated into English. • Are there any special requirements for Persons of Indian Origin (PIO)? Yes. The requirements are same as those applicable to Non Residents Indians. • Are all investors / unit holders required to meet requirements under PMLA / KYC Policy? Yes, P
The documents required for a Resident Indian are a KYC Application form, along with a valid PAN proof, address proof, and a color photograph on a light background. Original PAN card must be shown while submitting KYC application form for verification, thereafter, which, the same will be returned across the counter.
The documents required for a Resident Indian are a KYC Application form, along with a valid PAN proof, address proof, and a color photograph on a light background. Original PAN card must be shown while submitting KYC application form for verification, thereafter, which, the same will be returned across the counter. • Are all investors / unit holders required to meet requirements under PMLA / KYC Policy? Yes, PMLA and KYC requirements apply to all classes of investors. Please refer the below mentioned grid Applicability of KYC norms: BSE Sensex Returns (%)–> Category of Investors Up to December 31, 2010 W.e.f. January 1, 20112.06–> Resident Individuals Rs 50,000 and more Any Amount22.13–> Non Resident Investors/ Persons of Indian Origin Any Amount Any Amount6.50–> Investors investing through Channel Partners/Channel Distributors Any Amount Any Amount6.87–> Non Individual Investors (Corporates, Partnerships, Trusts, HUF, etc.) Any Amount Any Amount6.87–> Are the KYC requirements on
