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Municipal Bonds(Muni Bonds)

Municipal Bonds (Muni Bonds).jpg

For Municipal Bonds, the required document list typically includes:

 

1. Account Opening Form:

  • Completed Demat Account Opening Form with a Depository Participant (DP) for holding municipal bonds in dematerialized form.

 

2. Proof of Identity (Any one):

  • PAN Card (Permanent Account Number).

  • Aadhaar Card.

  • Passport (for NRIs or foreign investors).

 

3. Proof of Address (Any one):

  • Aadhaar Card.

  • Utility Bills (electricity, water, etc. not older than 3 months).

  • Bank Account Statement or Passbook.

 

4. Bank Account Details:

  • Cancelled Cheque from the linked bank account.

  • Bank Account Statement (for confirming account details).

  • NRE/NRO Account details for NRIs (if applicable).

 

5. Photographs:

  • Recent passport-sized photographs.

 

6. Signature Proof:

  • Specimen signature in the account opening form (consistent with bank records or PAN card).

 

7. KYC Documents:

  • Completed Know Your Customer (KYC) form, which includes personal and financial information.

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