How to open a joint demat account at Share India?

1. A joint demat account can be opened only offline at Share India upto 3- joint holders including the primary account holder. To open a joint demat account, follow the below procedure:

2. Download Equity trading and demat account form from the Link

3. Fill the separate form for all the joint holders.

4. Affix Passport-size photographs of the all the joint holders.

5. Self-attested PAN copy of the joint holders.

6. Self-attested address proof of the joint holders.

7. Copy of any one of the following self-attested address proof: Masked Aadhaar, driving license, passport or voter ID. If you are submitting any proof other than Aadhaar as address proof, please submit copy of the self-attested masked Aadhaar with the address proof.

8. The correspondence address of the first or primary holder must be filled in the demat form since all account-related communication will be sent to the first holder.

9. A bank account proof in the primary holder’s name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it, a latest bank statement with the bank logo and seal, copy of bank passbook with clearly visible bank account number, MICR, and IFSC code.

10. Email KYC for Pre-Verification (Optional but Recommended) You may email the filled KYC form and supporting documents to support@shareindia.com / kyc@shareindia.com for a preliminary check.

• If there are any discrepancies, our team will get in touch.
  
• If everything is in order, you’ll be asked to send the physical documents to our corporate office at below address

KYC Department

A-25, Sector-64, Gautam Buddha Nagar

Noida-201301 (UP).

Verification / IPV (In-Person Verification)

Share India will perform IPV as part of KYC as per account opening protocols. As part of the mandatory In-Person Verification (IPV) requirement for all brokers, a webcam or physical verification is required individually for each holder. The account holders must use the mobile number mentioned in the KYC forms to complete the IPV.

Account Approval & Demat Account Number

• Once verified, Share India will proceed for KYC registration process, if your KYC is already validated, the account will be opened on the next working day after receiving of documents. If your KYC is not validated it will take 7 -working days to open your account with Share India after receiving of documents.
• You’ll receive your Trading Account Code and Demat Account Number over your email id with the login credentials.