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  Features & Benefits     Types of Depository Accounts     Account Operation     Dematerializing and Rematerializing Securities     Nature of Transactions     Demat Statements     Apply Now  
Types of Depository Accounts
 
You can open two types of depository accounts:
 
    		• Individual Account
    		• Corporate Account
     
    		Individual Account
     
    An individual account can be opened under following two categories depending on the residential status of the applicant(s):
     
    		• Resident
    		• Non-Resident
     
    		Resident Account
     
    For opening a resident account you would need to furnish the following documents:
     
    		• Completed application form signed by all the applicants. Once a Demat account is opened, the depository participant cannot make any alterations in the names, so please fill in your name very carefully.
    		• DP Client Agreement executed on a non-judicial stamp paper of Rs.200/-
    		• A set of photographs of all the applicants duly signed.
       
    Proof of identity for all the holders (any one of the following)
       
    		• Voters ID Card
    		• Driving License
    		• Passport
    		• PAN Card (PAN card is mandatory for opening Demat)
       
    Proof of correspondence address for all the holders (any one of the following):
       
    		• Voters ID Card
    		• Driving License
    		• Passport
    		• Ration Card
    		• Bank statement or Electricity Bill or Telephone Bill (not more than 2 months old)
    		• Leave and License Agreement / Agreement for Sale
       
    Other documents
       
    		• Tariff sheet duly signed by all the account holders
    		• Valid debit authorization
     
    		Non Resident Account
     
    Apart from the documents required to open an ordinary resident account you would need to furnish the following documents:
     
    		• Copy of passport and visa attested by the branch after verifying with the originals
    		• Linked savings account has to be NRE/NRO as applicable.
    For further information on opening a non-resident demat account please get in touch with our NRI cell at
     
    		Corporate Account
     
    Documentation & Procedure :
     
    		• Account opening form duly completed in all respects.
    		• Photographs of all the authorized signatories (duly signed) to be affixed on the reverse of the specimen signature card.
    		• Copy of Memorandum and Articles of Association duly attested by the Company Secretary/Director
    		• Board resolution on the corporate 's letterhead stating that the company desires to open a demat account with ING. It should also mention the details of the authorized signatories who will be operating the account as per the mode of operations decided by the board.
    		• DP Client Agreement to be executed on non-judicial stamp paper of Rs.200/-.

    • Proof of address of the corporate:
    Document registered with Registrar of Companies
    Acknowledged copy of Income Tax return
    Leave & License agreement
    Copy of Agreement of purchase of office premises
    Proof of identity of authorized signatory.
     
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