Specific
types of accounts cannot be
opened online as they require offline processing. Unlike regular
retail online accounts, these accounts have to processed offline due to
requirement of additional verification and legal submissions.
Joint Accounts – Accounts held by more than one individual.
Corporate Accounts – Accounts opened in the name of a Company or an Organization.
HUF Accounts – Hindu Undivided Family Accounts.
NRI Accounts – Non-Resident Indian Accounts (have specific regulatory requirements).
Minor Accounts – Accounts for individuals below 18 years (usually operated by Guardian).
Steps to process offline application
Fill
the physical account opening
form.
Submit the required documents
(proof of identity, address, PAN, etc.).
Your
Relationship Manager
or Branch verifies the
documents.
Account is created in the system after verification.
Upon
successful completion of
telephonic verification, your account will be activated and available for trading within 24 hours.
Document
Checklist
Information
varies over time
depending on regulatory changes.
It
is recommended to contact your Relationship Manager or Helpdesk for the updated
checklist before submission.