Share Capital and Types of Shares — SPCC STD 11 Commerce — Question
Gujarat BoardEnglish MediumSTD 11 CommerceSPCCShare Capital and Types of Shares3 Marks
Question
Write down the procedure to open DEMATS A/C.
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Answer
The Procedure of Opening Demat Account: The investor has to contact bank or financial institution to open Demat account. He has to provide information in the prescribed application form given by the institution. Investor has to submit following documents along with the application form to open account :
1. PAN Card.
2. Residential proof.
3. Identity proof.
4. Income tax Return.
5. Passport size photo.
6. Investor has to give client agreement on non-judicial stamp paper along with application form.
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