Account Opening Procedure

The procedure to start PMS account for Resident clients (Individual, Joint Account and HUF) is as follows:

  1. Our Client relationship officer will connect with the Client to elaborate the process and provide the requisite documents which are to be filled and submitted.
  2. After submission of necessary details & signed documents, we will acknowledge the receipt of the documents and initiate the account opening process.
  3. If all the physical documents are proper and there are no observations/objections/further requirements, demat account shall be opened within 3-4 working days.
  4. Client can either transfer funds and/or securities to the minimum of Rs. 50 lacs. 
  5. In case, client is transferring funds, following are the bank details of pool account: 
    Bank Name: Induslnd Bank Ltd
    Bank Branch: Fort Branch
    Account Name: Kriis Portfolio Private Limited
    Account Type: Current Account/Pool account
    Account Number: 250556044873
    IFSC Code: INDB0000033
    MICR code: 400234009
  6. In case, client is transferring listed and liquid securities into their demat account with KRIIS from the demat account (which is in the client’s name only), the following steps/actions shall be taken:
    -We will share Client Master List which shall be forwarded by the client to their broker and securities be transferred.
    -We will need date and cost of acquisition of securities for our accounting and proper presentation of future reports.
  7. Once we receive the funds and/or securities, the same shall be confirmed on client’s registered email address.
  8. Congratulations…! Client account is activated.
  9. After the account is activated, signed copy of all the documents will be delivered at client’s registered address.
  10.  

First Applicant

1

Maiden name (if any)

 

2

Mother name

 

3

Marital Status

 

4

City of birth

 

5

Occupation

 

6

Gross annual Income p.a for last 3 financial years:

 

 

 

Years

Amount in Rs.

 

 

 

 

 

 

7

Networth not older than 1 year:

 

 

Amount

 

As on Date

 

 

8

Email address

 

9

Contact details

 

In case applicant is a minor, a guardian needs to be appointed.

Following are the details required for a guardian:

1

Relationship

 

2

Email address

 

3

Contact details

 

For a Nominee:

1

Relationship

 

2

Email address

 

3

Contact details

 

 In case a nominee is a minor, a guardian needs to be appointed for the nominee.

Following are the details required for a guardian:

1

Relationship

 

2

Email address

 

3

Contact details

 

 

Second Applicant

1

Maiden name (if any)

 

2

Mother name

 

3

Marital Status

 

4

City of birth

 

5

Occupation

 

6

 

Gross annual Income p.a for last 3 financial years:

 

 

Years

Amount in Rs.

 

 

 

 

 

 

7

Networth not older than 1 year:

 

 

Amount

 

As on Date

 

 

8

Email address

 

9

Contact details

 

 

 

1

Date of commencement of business

 

2

Nature of business

 

3

Gross annual Income p.a for last 3 financial years:

 

 

 

Years

Amount in Rs.

 

 

 

 

 

 

4

Networth not older than 1 year:

 

 

Amount

 

As on Date

 

 

5

Email address

 

6

Contact details

 

7

Co-parceners details:

 

Name

 

Relationship

 

Date of Birth

 

PAN

 

 

Name

 

Relationship

 

Date of Birth

 

PAN

 

 

Name

 

Relationship

 

Date of Birth

 

PAN

 

 

Name

 

Relationship

 

Date of Birth

 

PAN

 

 

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