Can my children be my demat account nominee?
Yes, you can nominate your children as nominees. If your child is a minor, you will need to provide guardian details in the KYC documentation.
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Is nomination mandatory for a demat account?
Yes, it is mandatory for all our clients to add a nominee to their account, although clients also have the option to opt out of adding nominees. You can add up to three nominees for your account, and their preference will be determined by the ...
Can I open Joint Demat account with Swastika?
Yes, it is possible to open a joint Demat account with Swastika, with a maximum of three holders. The trading account will be registered in the name of the first holder, and all communication will be sent to the first holder only. A maximum of three ...
What are the documents required to open a demat & trading account with Swastika?
For Indian resident individuals Now you can easily open your account faster and more conveniently with a document-less eKYC process. No need to upload PAN or Aadhar No need to manually enter account number and IFSC No need to upload a bank statement ...
I already have a Demat Account. Can I only open a Trading account with you?
Yes, you can easily open a trading account with Swastika by linking your existing demat account. However, we recommend opening a new DEMAT account with Swastika to ensure a seamless and paperless online investment experience. If you use a demat ...
I already have a demat account. Do I still need to submit my documents?
Since you already have a Demat account, you do not need to resubmit your documents. You are likely KRA validated, as KRA (Know Your Client Registration Agency) handles KYC registration. Please provide us with your PAN so we can verify your KRA ...