AC OPENING FROM KMS STOCK

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Account Opening -
KMS STOCK BROKING COMPANY PRIVATE LIMITED
Physical and Non-Individual Account Opening
This document contains the step-by-step procedure to open –


KMS STOCK BROKING COMPANY PRIVATE LIMITED account via the Physical mode. The
same steps can be followed to open a Non-Individual KMS STOCK BROKING COMPANY
PRIVATE LIMITED It also contains a flowchart of the account opening process.

THE KMS STOCK BROKING COMPANY PRIVATE LIMITED

1. Executive meets with the potential customer and conducts the In-Person Verification
   (IPV).
2. The Sales Executive gets the KYC filled up by the potential customer.
   The Sales Executive next collects the supporting documents and verifies them against the
   originals. Let’s now have a look at the various types of accounts and a detailed look at the
    Proofs that need to be submitted to open a -
    KMS STOCK BROKING COMPANY PRIVATE LIMITED

                 Type of Account                       Detailed List of Required Proofs

       Individual Account via Physical Mode                    Click to View List

            Non-Individual Accounts

                   HUF Account                                Click to View List

                Corporate Account                             Click to View List

                  Trust Account                               Click to View List

                 LLP Firm Account                             Click to View List
               Partnership Account                            Click to View List


3. The KMS STOCK BROKING COMPANY PRIVATE LIMITED Sales Executive goes
   ahead and submits the KYC to the KMS STOCK BROKING COMPANY PRIVATE
   LIMITED branch.
 4. The local branch verifies the potential customer’s KYC documents.
 5. Next, the local branch punches the potential’s basic data into the KMS STOCK BROKING
    COMPANY PRIVATE LIMITED systems.
 6. The KYC details are sent to the KMS STOCK BROKING COMPANY PRIVATE LIMITED Head
    Office (HO).
 7. The HO verifies the KYC and rejects/processes.
    If the KYC is found to be valid, the backend team does data entry into the system and the
8. KMS STOCK BROKING COMPANY PRIVATE LIMITED account is opened.
  Lastly, the Account Opening Kit is sent to the customer’s address.
Account Opening Flowchart – Physical and Non-Individual Accounts


   Sales Executive meets                                 HO does the data
                             HO verifies the KYC &
    potential customer                                  entry in the system &
                              rejects / processes.
    and conducts IPV.                                   account is opened.




   Sales Executive gets                                 Account Opening Kit
   the KYC filled up by       KYC is sent to HO.           is sent to the
      the potential.                                    customer’s address.




  Sales Executive collects
      the supporting         Local branch punches
  documents and verifies      basic data in system
        the original.




      Sales Executive
                             Local branch verifies
    submits the KYC to
                                   the KYC.
     the local branch.