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

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

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

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2. Change in demographic details :2.1 Change of address (<strong>NSDL</strong>/PI/2004/1622 dated September 7, 2004 &<strong>NSDL</strong>/POLICY/2008/0040 dated June 4, 2008):2.1.1 For depository account opened in the name of individualI. While processing requests for change of address received fromClients, Participants should obtain the following documents:II.(a) a written applicati<strong>on</strong> for change of address from the Client (Incase of joint holdings, all holders must sign the applicati<strong>on</strong>);(b) POI [copy of any <strong>on</strong>e of the documents menti<strong>on</strong>ed in point no.1.1.2 above of the Client (sole holder or either of the holders)visiting the office of the Participant];(c) latest transacti<strong>on</strong> statement of the account received from theParticipant. In case a Client (sole holder or either of theholders) pers<strong>on</strong>ally visits the Participant's office to submit anapplicati<strong>on</strong> (signed by all holders in case of joint holdings) forchange of address al<strong>on</strong>gwith necessary documents (POI / proofof address) menti<strong>on</strong>ed in point nos. 1.1.2 and 1.1.3, theParticipant need not obtain the transacti<strong>on</strong> statement from suchClient (<strong>NSDL</strong>/POLICY/2007/0030 dated June 18, 2007);(d) Proof of new address [copy of any <strong>on</strong>e of the documentsmenti<strong>on</strong>ed in point no. 1.1.3 above] al<strong>on</strong>gwith the originaldocuments of the new address for verificati<strong>on</strong>.The Client should pers<strong>on</strong>ally visit the office of the Participantwhere the Client maintains and operates his/her account andsubmit the applicati<strong>on</strong> for change of address. However, in case theClient expresses inability to pers<strong>on</strong>ally visit the office of theParticipant, the applicati<strong>on</strong> for change of address al<strong>on</strong>gwith otherdocuments can be submitted through an authorised representative,43

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