Master Circular on 'Account Opening' - Version 1 - NSDL

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1.7.4 Signature of Client:a) The Participant should capture the Client‟s signature(s) as given in theKYC Application Form and/or Account Opening Form in the DPMSystem. For non-individuals alongwith signature of authorisedsignatory(ies), capture the mode of operation in the DPM system.b) In case the trustee(s)/ partner(s) etc. are individuals, capture thesignature(s) of the individuals. In case the trustee(s)/ partner(s) etc. ofthe unregistered trust/ partnership firm are corporations, companies orentities registered under the Bombay Public Trust Act, 1950 or TheIndian Societies Registration Act, 1860, capture the signature(s) of theauthorised signatories in the DPM System.c) Illiterate Person: A remark should be put in the DPM System (underthe authorised signatory details under "Signatories" screen) at the timeof opening the account that the account holder is illiterate or disabled.d) Blind Person: A remark should be put in the DPM System (under theauthorised signatory details in 'signatories' screen) that the Client is"Visually Challenged".1.7.5 Standing Instruction indicator: For ease of data entry, the StandingInstruction indicator in the DPM System would be in an enabled status withrespect to all types of Client accounts except for accounts with sub-type“DR” at the time of opening depository accounts. For those Clients whohave not opted for Standing Instructions, the Participant should disable theStanding Instruction indicator in the DPM System.1.7.6 SMS flag: For ease of data entry, the SMS flag of the account holder willautomatically get enabled in the DPM System after the Participant capturesthe mobile number (Participants are advised to strictly capture the ten digitmobile number with the first digit as “6” / “7” / "8" / “9”) of the respectiveaccount holders at the time of opening of depository accounts. If the Clientsubmits the mobile number but does not wish to opt for the SMS Alert38
facility, the Participant should capture the mobile number in the DPMSystem and disable the SMS flag either from the front end of the DPMSystem or through back office file import (NSDL/POLICY/2008/0059 datedSeptember 1, 2008 & <strong>Circular</strong> No.: NSDL/POLICY/2010/0010 datedJanuary 28, 2010).1.7.7 NRI (Repatriable/Non- Repatriable) account (NSDL/PI/98/007 datedJanuary 2, 1998):I. The account should be opened in the name of the NRI in the DPMSystem under repatriable category when securities are held onrepatriable basis and under non-repatriable category when securitiesare held on non-repatriatable basis.II. Participants are advised to capture the following details in the DPMSystem against the RBI reference number and date:(a) If the NRI has at any time purchased securities from thesecondary market, i.e., under Portfolio Investment Scheme, thenthe RBI reference number and date mentioned in the RBIapproval letter should be entered.(b) If the NRI has never purchased securities from the secondarymarket, but the securities have been allotted in the primarymarket, i.e., under Direct Investment Scheme, then theParticipant should mention the following :RBI Reference No. : “Under General Permission”RBI Approval Date : Present date(Subsequently, whenever the NRI gives dematerialisation orreceipt instructions in respect of purchase of securities fromthe secondary market, the RBI reference number and dateshould be entered therein)(c) If the NRI does not hold any securities, then the Participantshould mention the following :RBI Reference No. : “No Holdings”39
Page 1 and 2: National Securities Depository Ltd.
Page 3 and 4: X Registered Society 281.3.3 Escrow
Page 5 and 6: 1. Account Opening:1.1 General Guid
Page 7 and 8: II.bill/ Insurance Copy /Aadhaar Le
Page 9 and 10: VII.VIII.IX.For FII/sub account, Po
Page 11 and 12: above for list of documents which c
Page 13 and 14: point nos. 1.1.2 and 1.1.3], as POI
Page 15 and 16: Form. If ‘in-person’ verificati
Page 17 and 18: e operated by a natural guardian wi
Page 19 and 20: Client(s)", on the account opening
Page 21 and 22: general/specific approvals as may b
Page 23 and 24: IV.Trust: The procedure and documen
Page 25 and 26: (iv) Where the depository account w
Page 27 and 28: ody of individuals and operated by
Page 29 and 30: account after the same has been ver
Page 31 and 32: VII. The Participant should capture
Page 33 and 34: A, Mr. B, Mr. C & Mr. D, the accoun
Page 35 and 36: warehouse receipts will be same as
Page 37: "Beneficiary Address Local" (referr
Page 41 and 42: (a) Sub-type viz. "Margin Account"
Page 43 and 44: 2. Change in demographic details :2
Page 45 and 46: (b) Atleast one of the authorised s
Page 47 and 48: 2.4 Change in bank details:2.4.1 Pa
Page 49 and 50: (a) In case the entity is registere
Page 51 and 52: (d) In case of amalgamation/ scheme
Page 53 and 54: 2.7.4 After the changes are effecte
Page 55 and 56: 3.1.6 Nomination in respect of the
Page 57 and 58: 4.3 Suspend the accountfor debit an
Page 59 and 60: guardian, which is/areto be process
Page 61 and 62: Participants should ensure that the
Page 63 and 64: Clarification by SEBI: Only interne
Page 65 and 66: time. However, such revocation shal
Page 67 and 68: 6.3 If the application is not in or
Page 69 and 70: APPLICATION FOR SHIFTING OF CLEARIN
Page 71: 21 Body Corporate Others22 Body Cor

Master Circular on 'Account Opening' - Version 1 - NSDL

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