You must be well familiar with Aadhaar, the 12-digit unique identification number, issued to the citizens of India by the UIDAI. You have to link Aadhaar to your savings bank account, mutual fund, PAN, life insurance plan and even your demat account.
The last date to link Aadhaar with demat account is March 31st 2018. Want to know more on demat and trading accounts? We at IndianMoney.com will make it easy for you. Just give us a missed call on 022 6181 6111 to explore our unique Free Advisory Service. IndianMoney.com is not a seller of any financial products. We only provide FREE financial advice / education to ensure that you are not mis-guided while buying any kind of financial products.
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You must be familiar with the demat account. If you don't here is the explanation.
With a demat account, you can store shares and mutual funds in an electronic format. When you buy shares online, the shares are held in your demat account. With a demat account you can store shares, mutual funds, Government Securities, ETFs and bonds at a single place.
What is a Trading Account?
When a Company lists on the Stock Exchange like NSE and BSE, the shares are available for trading. You can trade electronically if you have a trading account. If you want to buy/sell shares, you need a trading account.
See also: How To Open Demat Account?
Fill your Client Code.
Your Client Code is verified against your name and you have to fill the PAN Number.
Your Client Code and PAN is verified against your name. You then fill your Aadhaar Number.
After your Client Code, PAN and Aadhaar are verified, an OTP is send to your registered mobile number and email ID.
You enter the OTP and click, I agree to terms and conditions.
You are directed to a page where you see the Aadhaar Number. Another OTP is send to your registered mobile number.
You will see the message, Your request to update Aadhaar Number to your SSL trading/DP account is under process.
STEP 1: You must download the request for Aadhaar Linking at this Website.
STEP 2: Take a Printout of this form and visit the nearest SBI DP servicing branch.
STEP 3: Remember to carry a self-attested photocopy of your Aadhaar Card.
STEP 4: Submit your application form along with Aadhaar Copy to the branch.
STEP 5: The submitted forms are verified and you get a confirmation message. Be Wise, Get Rich.
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