Check List for the KYC

SEBI has mandated all financial intermediaries like ourselves to comply with KNOW your client [KYC]
norms. This would be in the form of verification of identity and address, providing information of financial
status, occupation and such other demographic information. This includes an in-person verification [IPV] of
the client and the original documents . Since we are permitted to conduct an IPV of the client through web-
camera we intend to follow such a procedure in case of clients residing outside Bengaluru. IPV will be done
after we have received the KYC and the supporting documents

In case you cannot come to our office in Bengaluru with the originals of the below mentioned documents ,
kindly submit copy of self-attested documents as mentioned below duly attested by a Notary Public,
Gazetted Officer, Manager of a Scheduled Commercial/Co-operative Bank or Multinational Foreign Banks.
(Name, Designation & Seal should be affixed on the copy).

OR

Alternatively, in case you do not wish to get the documents attested you could send the originals of any one
of the following documents [not more than 3 months old] along with your application form : 1] Bank
statement on the Bank's pre-printed stationary 2] Land line telephone bill 3] Electricity bill showing full
address .These documents need to be self attested by you .We would retain the originals as supporting
documents for your KYC. These would meet the requirements of address proof . In case you need the
originals back kindly enclose a self attested copy along with the originals. We would then after verification,
return the originals by courier.

Resident Individual :

Document Category Please submit any ONE COPY of document per category

must be in colour, passport sized, show

the face clearly and should be pasted on
Photographs Photograph
the form and signed across by the account
holder

must be signed by the account holder and

Proof of Identity PAN Card* clearly indicate the PAN No. and the
Photograph of the Individual

*in case the PAN card does not have a photograph then a photo identity proof like UID, Driving License,
Voter Id., Passport etc will be required.

must be signed , currently valid and clearly

Passport indicate the number, date of expiration,
date of birth and place of issue
Proof of Address (Required
must be signed by the account holder and
for Permanent &
Voters ID Card clearly indicate the number, address, age
Correspondence address)
and place of Issue)
must be currently valid, signed by the
account holder and clearly indicate the
Driving License
number, address, date of expiration, date
of birth and country of issue
 Should, not be more than 3 months old,
signed by the account holder and clearly
indicate the account number, address and
Bank Statement place of issue. A cancelled original cheque
or a photocopy of cheque with the name of
the client pre-printed on it should also be
submitted by the client.

Electricity or telephone bill; the bill must

Utility Bill be less than 3 months old and show the
account holders full name and address

Client Master Report from your existing DP

Proof of Demat Account
or Holding statement not more than 3
[in original]
months old

must be cancelled and clearly indicate the

account number, pre-printed account
Cancelled Cheque
holders name & the branch specific MICR
Code
self attested by account holder and
Proof of Bank Account Bank Passbook certified by banker and clearly indicate the
number along with a copy of a cheque
Bank Statement [ must be signed by the account holder and
on pre-printed bank clearly indicate the number along with a
stationary] copy of a cheque
in original and must clearly indicate the
account number, account holders name &
Letter from Bank
MICR Code and the date since which the
account is active

Copy of Income Tax Return must be self-

ITR attested by the account holder and clearly
Acknowledgement indicate the details of Income of the
account holder
Annual must be signed by the account holder and
Account/Balance clearly indicate the details of the income
Proof of Financial Details Sheet and assets owned by the account holder
{Compulsory for F&O}
Must be certified by a Chartered
Accountant and signed by the account
Net worth Certificate
holder and clearly indicate the details of
assets owned by the account holder
must be signed by the account holder and
Latest Bank clearly indicate the details of the income
Statement and total balance held by the account
holder
Demat Holding Must be self attested by the account
statement holder.
 Latest Salary slip
self attested by the account holder
and Form 16
Self declaration with
Available as part of Voluntary documents
relevant supporting
in KYC
documents

HUF :

All documents & annexure as per "Individual"

Document Category Please submit any ONE COPY of document per category

must be in colour, passport sized, show

the face clearly and should be pasted on
Photographs Photograph of Karta
the form and signed across by the account
holder

PAN Card of HUF

and
must be signed by the Karta and clearly
PAN Card PAN CARD as well
indicate the PAN No.
as of the Karta as
an individual

must be signed by the account holder and

Proof of Identity required as
there is no Photograph on
PAN card
Voters ID Card clearly indicate the number, address, age
and place of Issue)
must be currently valid, signed by the
account holder and clearly indicate the
Driving License
number, address, date of expiration, date
of birth and country of issue

must be currently valid and clearly indicate

the number, date of expiration, date of
Passport
birth and country of issue; any visa
stamped pages must be included

must be signed , currently valid and clearly

Proof of Address (Required
for Permanent &
Correspondence address if
different)
Passport indicate the number, date of expiration,
date of birth and place of issue
must be signed by the account holder and
Voters ID Card clearly indicate the number, address, age
and place of Issue)
must be currently valid, signed by the
account holder and clearly indicate the
Driving License
number, address, date of expiration, date
of birth and country of issue
 Should, not be more than 3 months old,
signed by the account holder and clearly
indicate the account number, address and
Bank Statement place of issue along with a cancelled
original cheque or a photocopy of cheque
with the name of the client pre-printed on
it .

Electricity or telephone bill not more than 3

Utility Bill months old and show the account holders
full name and address

Proof of Demat Account HUF Demat Account Client Master Report from your existing DP

must be cancelled and clearly indicate the

account number, pre-printed account
Cancelled Cheque
holders name & the branch specific MICR
Code
self attested by account holder and
Proof of HUF Bank Bank Passbook certified by banker and clearly indicate the
Account
number along with a copy of a cheque
Bank Statement [ must be signed by the account holder and
on pre-printed bank clearly indicate the number along with a
stationary] copy of a cheque
in original and must clearly indicate the
account number, account holders name &
Letter from Bank
MICR Code and the date since which the
account is active

Copy of Income Tax Return must be self-

ITR attested by the account holder and clearly
Acknowledgement indicate the details of Income of the
account holder
Annual must be signed by the account holder and
Account/Balance clearly indicate the details of the income
Proof of Financial Details Sheet and assets owned by the account holder
{Compulsory for F&O} Must be certified by a Chartered
Accountant and signed by the account
Net worth Certificate
holder and clearly indicate the details of
assets owned by the account holder
must be signed by the account holder and
Latest Bank clearly indicate the details of the income
Statement and total balance held by the account
holder
Demat Holding Must be self attested by the account
statement holder.
Latest Salary slip
self attested by the account holder
and Form 16
 Self declaration with
Available as part of Voluntary documents
relevant supporting
in KYC
documents

Companies Corporate :

From Company

Document Category Please submit any ONE COPY of document per category

Must be signed by the authorized person

Proof of Identity and date
PAN Card clearly indicate the PAN No. and the name
of Incorporation
of the Company (account holder)

Should, not be more than 3 months old,

signed by the account holder and clearly
indicate the account number, address and
Bank Passbook place of issue. In case if the clients
/Statement submits bank statement, a cancelled
Proof of original cheque or a photocopy of cheque
Address(Required for with the name of the client pre-printed on
Registered & it should also be submitted by the client.
Correspondence address)
Electricity, telephone; the bill must be less
Utility Bill than 3 months old and show the account
holders full name and address)
Must be signed by the authorized person,
be currently valid, signed by the account
Rental Agreement
holder and clearly indicate the address,
registration details and date of expiration)

self attested by account holder and

Bank Passbook certified by banker and clearly indicate the
number along with a copy of a cheque
Bank Statement [ must be signed by the account holder and
Proof of Bank Account
on pre-printed bank clearly indicate the number along with a
stationary] copy of a cheque
in original and must clearly indicate the
account number, account holders name &
Letter from Bank
MICR Code and the date since which the
account is active

Proof of Eligibility
Proof of Authority
Proof of Financial Details
Latest Shareholding
Pattern
List of Authorised
Signatories
Proof of Demat Account
[in original]
From Authorised Signatory / Whole Time Directors [mentioned in the Board Resolution]
PAN Card
Proof of Identity
Memorandum and Articles of association
along with certificate of incorporation
MOA & AOA clearly indicating eligibility to invest in
financial products and must be original or
signed by the authorized person
Certified True Copy, approving
participation in equity / derivatives / debt
trading and naming authorized persons for
Board Resolution dealing on behalf of the company and
naming each individual having the
authority to trade on behalf of the
company.
Detailed Copies for the last 2 years, must
be signed by the authorised person and
Audited Financials -
clearly indicate the details of the income
Balance Sheet / P&L
and assets owned by the account holder)
/ Schedules
(Note Latest copies to be submitted
annually
On letterhead, clearly including list of all
those holding more than 5% in the share
capital of the company, duly certified by
Certificate
the company secretary / Wholetime
Director / MD.) (Note Updated pattern to
be submitted annually
Provide the List of authotised signatories
Certificate
On letterhead of the company
Client Master Report from your existing DP
or Holding statement not more than 3
months old
Must be signed by the authorized person
PAN Card clearly indicate the PAN No. and the
Photograph of the Individual
must be signed by the account holder and
Voters ID Card clearly indicate the number, address, age
and place of Issue
must be currently valid, signed by the
account holder and clearly indicate the
Driving License
number, address, date of expiration, date
of birth and country of issue
 Must be signed by the authorized person,
currently valid and clearly indicate the
Passport name, number, date of expiration, date of
birth and country of issue; any visa
stamped pages must be included

Must be signed by the authorized person

Voters ID Card and clearly indicate the name, number,
address, age and place of Issue
Proof of Address

Must be signed by the authorized person

and be currently valid, clearly indicate the
Driving License
number, address, date of expiration, date
of birth and country of issue
Electricity, telephone must be less than 3
months old and show the persons full
Utility Bill name and address Please note: Bills for
Mobile service are not valid proof of
residency

must be coloured, passport sized, show the

face clearly and must be pasted on the
letterhead of the company and signed
Photographs Photograph across by the person, with the name,
designation mentioned. The document /
letterhead to be signed by the authorised
person

NRI

Simple Steps to open a NRI Account:

Fill the online Sign up form or email help@compositeinvestments.com

You will receive an email acknowledgment from our NRI helpdesk
On receipt of your confirmation the KYC forms will be emailed
Download the forms at your end
Mail us the signed forms along with the required documents
Online Login ID for your account will be emailed to you
You can either logon to the Trading Page or call up the NRI Help Desk for Placing
your Buy and Sell Orders
Based on what you want to invest in, you can select from these routes:

PIS

Portfolio Investment Scheme (PIS) is a scheme of the Reserve Bank of India (RBI) through
which NRIs and PIOs can purchase and sell shares and convertible debentures by routing the
transactions through their account held with a Designated Bank Branch.

Transactions covered under PIS:

Fresh purchase from the secondary market as an NRI
Sale of shares, which were bought under PIS.
PIS does not allow transactions in IPOs, Mutual Funds, Derivatives and sale of shares acquired
on residential basis.
NRE account:
A NRE bank account is a Non-Resident External Account through which funds can be
transferred outside India (Repatriable) and converted to any foreign currency. You can transfer
funds from a NRE to your NRO accounts
NRO account

A NRO bank account is a Non-Resident Ordinary Account through which funds cannot be taken
outside the country (Non-repatriable). You cannot transfer funds from NRO to NRE accounts.

All help will be provided to NRIs and PIOs at Compositedge. The company can provide end to
end services as it has over 16 years experience in the Stock Broking Industry.

Services :

Open your SB NRI and PIS (Portfolio Investment Scheme) Account with
Axis Bank or HDFC Bank
Help you obtain a PAN in case you do not have one
Obtain KYC certificate for Mutual Fund Investments
Set up your Demat and Trading Account
Dedicated Relationship Manager to serve as one point of contact
Dematerialise and liquidate your Physical Share certificates
Exercise, Liquidation, Re-investment or Repatriation of ESOP
We help you file your IT returns in India
We provide you Insurance Solutions through our sister concern Composite Insurance Brokers Pvt. Ltd.

Documents Required

Please submit ONE COPY of all the following documents to be attested by the Indian Embassy/ notary public/
your banker abroad.

Photograph
Passport Copy
Visa Copy
PAN Copy
Overseas Address Proof
Client Master Report from Demat Account
Local Indian Address Proof
Guidelines for NRI Trading:

An NRI can deal with only one bank at any point of time. PIS (Portfolio Investment
Scheme) approval can be issued by only one bank.

Intra day trading is not allowed for NRIs. NRIs can trade only in delivery-based
transactions.
BTST(Buy Today Sell Tomorrow) is not allowed to NRIs.

NRI will be allowed to invest only up to 5 % of the paid up capital of the company. NRIs
are NOT allowed to buy certain scrips under this regulation. Report of the same is
available on the RBI website. http://www.rbi.org.in/scripts/BS_FiiUSer.aspx

NRIs need to have 100% funds at the time of buying. No exposure is given to NRIs.
Same way, they need to have 100% stock available to them while selling. No short
selling allowed.

Contract notes of NRIs are daily reported to respective Bank and bank in turn reports
them to RBI. Reporting is taken care by Compositedge.

A NRI is required to make bill-to-bill payments. No adjustments of purchase against sale

consideration can be done. Purchase and Sales will be dealt separately for payments /
receipts.

FNO transactions can be routed through NRO NON PIS i.e. through NRO Savings account
For FNO transactions separate code is allotted by NSE and the same has to be punched
at the time of placing FNO order for NRI clients along with the client code.

Qualified Foreign Investors [QFI]

Foreign nationals can also open an account, but for the limited purpose of selling ESOP shares
allotted. A new category of Investor called the QFI (Qualified Foreign Investor) has now been
permitted to invest in Indian equities.

Kindly contact us at help@compositeinvestments.com for opening an account or for any

clarifications.