What are the KYC norms for Demat Account?
If market investments get done prudently, you can reach different life goals at a rapid pace. For investing in the share market, you Demat and trading accounts. These get offered by banks and brokerage firms, also called depository participants or DPs. Such accounts can be opened offline as well. You need to complete what is called as KYC compliance while opening these accounts.
Here is what you need to know about how to open Demat Account and its KYC norms. You can open Demat Account both offline and online. The offline process is as follows –