What are the PMS account opening requirements for Residents?
To open a Resident status PMS account, the following documents must be submitted at a branch along with a signed PMS account opening form. Use our branch locator to find a Geojit office near you for further assistance.
| Sl No. | Particulars | Requirements |
|---|---|---|
| 1. | PAN | * 2 copies * Self-attested |
| 2. | Address Proof | * 2 copies * Self-attested |
| 3. | Bank Account Proof | * 2 copies * Self-attested * If the investment is made via cheque, the copy of the cheque can be considered as bank proof |
| 4. | Investment Amount | * The PMS investment (of a minimum of Rs. 50 lakhs) can be made via: i. Cheque- to Geojit Financial Services Ltd ii. NEFT/ RTGS/ IMPS * Refer our PMS bank account details to enter details/ make the transfer to the respective portfolio * If the investment is made via cheque, a copy of the cheque is required to be submitted |
| 5. | Nomination (PMS Account Opening Form) | Mandatory for PMS account |
| 6. | Demat Account Opening Form & Related Documents | * A demat account must be opened for PMS * Nomination is mandatory |
| 7. | Signed BBK Account Opening Forms (optional) | * A bank account is opened with BBK for dividend re-investment * If you do not wish to open a BBK account, please submit this declaration |
| 8. | Cheque (for BBK) | * A cheque for Rs. 500 is required to open the account * To be issued in your name (as it is deposited in your BBK account) * This is the minimum balance amount, and will remain in your account |
| 9. | Signed CRF (Change Request Form) | * To update the BBK account in your PMS account (for dividend re-investment) once opened, a signed CRF is to be submitted * Not required if the BBK account is not being opened |
* Item 7,8,9 are required only if you wish to open a BBK account for dividend reinvestment.
* Nomination is mandatory for both your PMS account and demat account linked with your PMS account.Still need help? Create Ticket
