Linking of Demat Accounts of Individuals with their Aadhaar

Linking of Demat Accounts of Individuals with their Aadhaar

 

Dear Business Associates

As per the NSDL Circular, please note that in respect of all new accounts opened, advise clients to mention their Aadhaar in the Know Your Client (KYC) Application Form (Individual) submitted at the time of account opening, especially by highlighting the advantages such as registration in the demat account of unique identity provided by Aadhaar, government’s initiative of linking of PAN with Aadhaar, Aadhaar being a single document serving as proof of identity and address, etc. A self-certified copy of the Aadhaar Card may be obtained as part of the KYC process.

 

 

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