Update KYC Subtleties Now to Keep Utilizing your Demat and Trading Accounts
These days, you can trade stocks electronically through Demat and trading accounts. As a result, when you buy a stock, you won't have to worry about storing real share certificates. You don't have to be on the trading floor to place a buy or sell order. Instead, you can access your trading account using a laptop or a smartphone.
However, it is crucial to update their KYC so you may continue accessing your accounts without interruption. Below you can see the updated KYC subtleties now to keep utilizing your Demat and Trading Accounts:
How to update KYC?
Your account will be considered dormant or inactive if your income range has not been updated within the last 12 months. You can update your most recent income slab by going to the Re-KYC page on your website.
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To change your KYC information, you must first log in to the website where you wish to do so.
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On the website, look for the update KYC page or button and click it.
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You will now be sent to a KYC update form, which contains the options you selected for KYC throughout the registration or application process.
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Name, address, joint account holder information, business or office address, account designation, etc. must be provided.
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Next, you must show identification, which may include your PAN card and another document issued by the government, like your passport, license, voter ID, or Aadhar card.
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The next step is sending in a copy of your canceled check, which must have the account holder's name legibly embossed.
Hopefully, you will learn about the updated KYC subtleties to keep utilizing your Demat and trading accounts with Aaditya Wealthon. These instructions will help you update quickly and maintain your trading account safely.
