Linking your Aadhaar card to your Demat account has become mandatory for all investors in India. The Securities and Exchange Board of India (SEBI) has made it compulsory for all investors to link their Aadhaar card with their Demat account. This move has been made to prevent fraudulent activities and ensure that there is no misappropriation of funds. In this article, we will discuss how to link your Aadhaar card to your Demat account.
The process of linking your Aadhaar card to your Demat account is fairly simple and can be done in a few steps. The first step is to log in to your Demat account with your user ID and password. Once you have logged in, you will need to go to the “Profile” section of your account.
In the Profile section, you will find an option to link your Aadhaar card. Click on this option, and you will be directed to a page where you will need to enter your Aadhaar card number. Once you have entered your Aadhaar card number, click on the “Submit” button. Know more about what is demat account.
After you have submitted your Aadhaar card number, you will need to wait for verification. The verification process can take up to 48 hours, and you will receive a confirmation once your UID card has been linked to your Demat account. It is important to note that your name and date of birth on your UID card should match the details provided in your Demat account.
In case your Aadhaar card is not linked to your mobile number, you will need to link it first. This can be done by visiting the nearest Aadhaar Enrolment Centre or by using the UIDAI website. Once your Aadhaar card is linked to your mobile number, you can proceed with linking it to your Demat account.
It is important to note that you can link your Aadhaar card to multiple Demat accounts. However, you must ensure that the details provided in your Aadhaar card match with the details in all your Demat accounts.
In case you face any issues while linking your Aadhaar card to your Demat account, you can contact your Demat service provider or the UIDAI helpline. They will be able to assist you with the process and resolve any issues that you may face. Know more about what is demat account?
Thus in conclusion, linking your Aadhaar card to your Demat account is a simple process that can be done online. It is important to ensure that your Aadhaar card is linked to your mobile number before proceeding with linking it to your Demat account. This move by SEBI is a step towards ensuring the safety and security of investors’ funds and preventing fraudulent activities. Know more about what is demat account? So, in this way, you can make out how to link the said document with your demat account. So, all the best for your coming venture. Stay tuned to know more about only with us. Good luck!