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.