PAN CARD NOT KYC REGISTERED:

First, you will need to go to our account opening link, which is new.upstox.com, then click Sign Up and
Enter your Email Id, and Mobile No and then Request for the OTP. Once you’ve entered the OTP, the
system will ask you to fill in your Basic Details (Like your name, Date of birth, Age, Income etc.), so kindly
fill those details completely, the next step is you will have to Select the Segment you are interested in
trading, then please choose the Basic Plan. You will get the option of Digi Locker.
Would you like to go ahead with Digi Locker?
If Yes - You will need to activate by verifying the OTP which is sent on your Aadhar Card Linked Mobile
Number, once it’s activated, you will have to only upload 3 documents (Bank Proof, Income Proof and
Signature Copy)
If No, then you will need to upload the mentioned documents (Identity Proof, Address Proof, Bank
Proof, Income Proof, Signature Copy and IPV Address Proof)

Pan Card not KYC registered without Digi Locker

Proofs to be Uploaded Equity, FNO, Currency, MCX

Identity Proof Pan Card (No Alternative - SEBI Guideline)

Address Proof Valid Driver License (validity of at least 3 months),

Voter's ID (Front Side and Back Side), Aadhar Card
(Front Side and Back Side), Valid Passport (validity of
at least 3 months)

Bank Proof 1. Cancelled Cheque, which should have IFSC code

and Account Number and Name printed on it.
OR
2. Pass Book Front Page with Latest Transaction,
which should have IFSC code and Account Number
and Name printed on it.
OR
3. Bank Statement with Latest Transaction, which
should have IFSC code and Account Number and
Name printed on it.

Income Proof 1.Bank Statement of latest 6 months

(For Equity and MF is not needed)
E-Statement also can be accepted OR
2.Salary Slip (Tell condition of salary slip only
when customer say that i will salary slip)OR
3. ITR Copy (Latest Financial Year or Assessment
Year) OR
4. Form 16 Copy – Part A and Part B (Latest
Financial Year or Assessment Year)
 Signature Copy Signature on Plain Paper(With Blue or Black Pen Only)

IPV Address Proof Customer needs to upload a video of 10 seconds

(Which is uploaded as address proof) with the Address Proof

For the In Person Verification Video (IPV):-

As you mentioned that your Pan Card is not KYC Registered, you will need to
upload this video of 10 seconds, where you will need to show your address
proof clearly along with the Pin Code. Your face needs to be clearly visible and
you need to say “This is my original document and this document belongs to
me”

Pan Card NOT KYC registered with Digi Locker

Proofs to be Uploaded Equity, FNO, Currency, MCX

Bank Proof 1. Cancelled Cheque, which should have IFSC code

and Account Number and Name printed on it.
OR
2. Pass Book Front Page with Latest Transaction,
which should have IFSC code and Account Number
and Name printed on it.
OR
3. Bank Statement with Latest Transaction, which
should have IFSC code and Account Number and
Name printed on it.

Income Proof 1.Bank Statement of latest 6 months

(For Equity and MF is not needed)
E-Statement also can be accepted OR
2.Salary Slip of
OR
3. ITR Copy (Latest Financial Year or Assessment
Year) OR
4. Form 16 Copy – Part A and Part B (Latest
Financial Year or Assessment Year)

Signature Copy Signature on Plain Paper (With Blue or Black Pen Only)
Lastly, in addition, you will need to share your live Photo and Live
Location. You will then need to verify your email id again by requesting
for an OTP which will be sent to your email id. Once the online
submission is done, your account will be opened in 2-3 working days.

POA/E-DIS:-

After submitting your form online, you will receive a 3 page POA
form on your registered email address. It is not mandatory to
courier the hard copy POA form; if you want to courier then you can
take a printout of the hard copy, fill it up and send it by courier or
speed post to our Bhayander Address. (

If you courier the hard copy POA form, you will be able Apply for Buyback, Sell Holdings
of Equity Delivery above 75 lakhs and Mutual Funds above 20 lakhs in a day or can also
place After Market Orders (AMO). To get these 3 benefits POA is mandatory.

If you don’t want to courier hard copy POA form, then Electronic Delivery
Instruction Slip service (E-DIS) gets activated on your account however, there are
certain conditions to it.
✓ You can only sell holdings of Equity Delivery upto Rs 75 lakhs and Mutual Funds
upto Rs 20 Lakhs per day through E-DIS.
✓ While selling your equity delivery or Mutual Funds for the first transaction of the
day, the system will ask you for a TPIN, this TPIN can be generated using our web
based platform or mobile application. The TPIN will come from CDSL through SMS
and E-mail
✓ This TPIN needs to be used only once in a day.

✓ If you would like to generate a new TPIN, you can request it from our App or Web
based platform. The old TPIN would be valid till you request a new one.

What is the disadvantage of E-DIS?

You will be unable to apply for Buy-Back and will also not be able to place After
Market Orders (AMO). If you want to Sell Holdings of Equity Delivery above 75 lakhs
and Mutual Funds above 20 lakhs in a day or can also place After Market Orders
(AMO).

Is TPIN required for Equity Delivery while buying?

No, the TPIN is only required while selling, not while buying.