Trading account opening process
Three steps from application to your Unique Client ID.
-
Fill in the application form
Fill in the KYC form to open a new trading account with Harjivandas Nemidas Securities Pvt. Ltd. (HNSPL). Complete your personal details, the trading segments you intend to use, and your nomination details. Sign the form at every indicated place, along with the mandatory and voluntary documents and authorisations.
Submit self-attested copies of your proofs: identity proof, address proof, PAN card, bank account proof, demat account proof and latest income proof. If you are KRA compliant, tell the broker, who will fetch your basic KYC details.
-
Verification
HNSPL gives you its Policies and Procedures, Do's and Don'ts, Investor Rights and Obligations, Risk Disclosure Document and Prevention of Money Laundering literature. Acknowledge them by signing the acknowledgement page of the KYC document for our records. The trading member then conducts an in-person verification of you and your KYC documents.
-
Final approval
Once your documents are verified and the final formalities are complete, your trading account is opened in the broker's systems. We tell you your Unique Client ID by email or letter, and you can then trade.