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Upstox Account Opening Documents
Upstox

Upstox Account Opening Documents

December 29, 20200 Comment294

In this blog, the Upstox Account Opening Documents required to Open Upstox Account through the online as well as the offline process are listed below. 

Upstox Account Opening Documents for Online Process

The Documents required to Open Upstox Demat Account Online are 

DocumentsNo. of copies
PhotographsOne (take a clear picture of it)
PAN Card1 copy (take a clear picture of it)
Address Proof1 copy (Driving license, Voter ID, Passport, Aadhaar Card, Bank statement, etc. - Any 1)
Income Proof1 copy (latest salary slip, ITR, Form 16, 6-month bank Statement, etc. - Any 1) -Needed for derivatives trading(FO, CDS, and MCX)
Bank ProofPersonalized cancelled cheque(name printed on it) or bank statement or bank passbook copy(With visible bank account number, MICR and IFSC code)

The above-mentioned documents hold good for Indian clients. For an NRI account, partnership/LLP account or Corporate account, the requirements and procedure are different.

Upstox Account Opening Documents for Offline Process

To complete the Upstox Account Opening process offline process, you need to fill the offline forms and attach the documents and courier them to the Upstox head office address. The Documents required to open Upstox Demat Account offline are 

  • A passport size photograph (to be pasted on the KYC form) 
  • A self-attested copy of your PAN card 
  • Address Proof (any one of these) 
  1. A self-attested copy of Driving License 
  2. A self-attested copy of Voter ID 
  3. A self-attested copy of Passport 
  4. A self-attested copy of Aadhar Card 
  5. A self-attested copy of Bank Statement
  • Income Proof (any one of these) 
  1. A self-attested copy of the latest salary slip 
  2. A self-attested copy of ITR 
  3. A self-attested copy of Form-16 
  4. Six month’s bank statement 
  5. A copy of passbook or bank statement wherein the account number, IFSC and MICR are visible

Using these documents, one can easily Open Upstox Demat Account without any rejections and start trading in the stock market. 

Upstox Account Opening Documents – Conclusion

Upstox started its services as a discount broker in India in the year 2011. Upstox was earlier known as RKSV Securities India Private Limited. As of now, Upstox has over 15 Lakh active clients in India. Upstox positions itself as a low-cost brokerage firm and a discount broker. 

If you are looking to Open Upstox Account, you can use this Upstox sign up link and enter your phone number, email id, and name to register with Upstox. 

To complete the Upstox Account Opening online process, you need to pay the Upstox Charges for account opening, enter personal details as well as bank account details and upload the Upstox Account Opening Documents. 

FAQs

How can I open Upstox Demat Account without an Aadhar card?

If you do not have an Aadhaar card, you can choose to print and send us the Upstox account opening form, along with your documents. Sign on all the places marked X. Ensure that your signature is the same as that on the documents you are submitting.

Can I open Upstox Demat Account without income proof?

Yes, a person can open a demat account without income proof. It is not mandatory to have income proof while opening a demat account. Income proof is optional and only required in the case of derivatives and currency segments.

What are the documents required for Upstox Account Opening?

Here you can check the Upstox Account Opening Documents

  • open upstox account
  • Open Upstox Demat Account
  • Upstox Account Opening
  • Upstox Account Opening Documents
  • Upstox Account Opening Documents for Offline Process
  • Upstox Account Opening Documents for Online Process
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