Upstox is a popular online discount brokerage firm in India that offers services such as equity trading, commodity trading, currency trading, and more. To start trading with Upstox, you need to open an account with them and provide some important documents.

Upstox Account Opening documents required

Here are the documents that are required to open an account with Upstox:

1. PAN Card: A Permanent Account Number (PAN) card is mandatory for opening an account with Upstox. It is a unique identification number issued by the Indian Income Tax Department and is used for tax purposes.

2. Aadhaar Card: An Aadhaar card is another mandatory document for opening an account with Upstox. It is a 12-digit unique identification number issued by the Indian government to residents of India, based on their biometric and demographic data.

3. Bank Proof: Upstox requires you to link a bank account with your trading account for a seamless transfer of funds. You need to submit a cancelled cheque or a copy of your bank passbook as proof of your bank account.

4. Address Proof: To open an account with Upstox, you need to provide proof of your address. As proof of your address, you can use any one of the following documents:

a. Aadhaar card

b. Voter ID card

c. Passport

d. Driving license

e. Utility bills (electricity, water, gas, telephone), not more than 3 months old

f. Bank statements that are no more than 3 months old

g. Rent agreement not more than 1-year-old

5. Photograph: You need to provide a passport-size photograph for your account opening process. You can either upload it online or submit a physical copy to Upstox.

6. Income Proof: Upstox offers trading services to all kinds of investors, but some services may require you to show your income proof. You can submit your salary slips, Form 16, ITR acknowledgment, or any other relevant document as your income proof.

7. Signature Proof: You need to submit a signature proof, which could be a scanned copy of your signature on a blank paper, your passport, or your PAN card.

Once you have all these documents in place, you can proceed with the account opening process on the Upstox website or app. The process is simple and can be completed within a few minutes. You must fill in your personal details, upload the required documents, and e-sign the account opening form.

Conclusion

Opening an account with Upstox requires you to provide important documents such as your PAN card, Aadhaar card, bank proof, address proof, photograph, income proof, and signature proof. Make sure to keep all these documents handy to avoid any delays in the account opening process.