Account Opening – Process Overview

Stockology Securities Pvt. Ltd., a SEBI-registered stock broker, follows a fully digital and paperless account opening process in accordance with SEBI circulars, KYC norms, and Anti-Money Laundering (AML) guidelines. The process ensures secure client onboarding, identity verification, and regulatory compliance through electronic verification mechanisms. The client initiates the account opening journey by registering a mobile number and completing OTP-based authentication for mobile and email verification. PAN is verified electronically with the Income Tax database. In cases where PAN verification is unsuccessful, the client is required to upload PAN details along with name and date of birth. Clients select their trading preferences and complete Aadhaar-based e-KYC through DigiLocker. A live photograph is captured to establish identity. Basic personal details are collected, followed by bank account verification through the penny drop mechanism. Nominee details are captured as per SEBI guidelines or the client may opt out. The demat account opening process is facilitated through Globe Capital, a SEBI-registered depository participant. All client data is verified with CVL KRA. Upon successful verification, the client master is generated and the process is completed through e-Sign.