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How to open a non-individual commodity account if an equity account already exists?

To open a non-individual commodity account if an equity account already exists, the following documents must be submitted:

  • Segment addition form (PDF) signed by the authorised person/Karta. Sample copy (PDF).
  • Income proof. It can be any of the following:
    • The latest six months' bank statement or passbook.
    • The latest year audited profit and loss statement.
    • The latest year's Income Tax Return (ITR) acknowledgement.
    • Net-worth certificate from the Chartered Accountant (CA) with the UDIN number specified.
    • DP holding statement of the entity.

Once all documents are prepared, email a soft copy of the forms to [email protected]. The forms will undergo review for any necessary corrections. Upon completing the review process, courier the documents to:

192A 4th Floor,
Kalyani Vista, 3rd Main Road,
JP Nagar 4th Phase,
Bengaluru, 560076

It can take upto 5 working days to open the account.

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