How to Open a Non-Individual Account with Sharekhan?

Non-individual accounts include HUF Account, Corporate Account, Trust Account, LLP Firm Account, and Partnership Account. In this article, we’ll guide you to open a non-individual account with Sharekhan.

Step-by-step procedure for account opening of a non-individual

Step 1: The Sharekhan Sales Executive meets the potential customer to conduct the In-Person Verification (IPV). 

Step 2: The Sales Executive gets the KYC details entered by the potential customer. Verification is done by collecting the supporting documents and confirming them against the originals.

Step 3: Your KYC will be submitted to the local Sharekhan branch where they will verify the potential customer’s KYC documents. 

Step 4: The local branch feeds the potential customer’s basic information into the Sharekhan systems. 

Step 5: The KYC details will be sent to the Sharekhan Head Office (HO). 

Step 6: The HO will verify the KYC and reject/process the application accordingly.

Step 7:  If the KYC is valid, the backend team saves the data into the system and the Sharekhan account is opened.

Step 8:  On the completion of the process, the Account Opening Kit is sent to the customer’s address.