Short answer

You must submit your NRI or Non-individual account opening form and supporting documents within their validity periods. Here are the specific validity periods for each document type:

Address proof documents

Utility bill: Valid for 60 days from the bill date or invoice date

Bank statement: Valid for 60 days from the last transaction date

Banker letter: Valid for 60 days from the date of issue

Driving licence: Valid as per the licence expiry date

Passport: Valid as per passport expiry date

Rental/lease agreement: Valid as per the agreement period

Mariner’s declaration or certified copy of Continuous Discharge Certificate (CDC): Valid for merchant navy NRIs as per certificate validity

Resident permit card: Valid as per the card expiry date

Sale deed: No expiry

Overseas Citizen of India (OCI) card: No expiry

Certificate of incorporation: No expiry

Ministry of Corporate Affairs (MCA) copy: No expiry. However, the latest version must be submitted.

Income proof documents

Payslip: Valid for 60 days from the payslip date. You must provide your latest month’s payslip, and it should not be older than one month

Bank statement (latest 6 months): Valid for 30 days from the statement date. Your statement period should not be older than one month

DP holdings statement: Valid for 90 days from the date of issue

Net-worth certificate: Valid for 90 days from the date of issue

ITR acknowledgement copy: You must submit the previous year’s ITR acknowledgement copy, which remains valid until the next financial year

Bank proof documents

Cancelled cheque or bank statement: You do not need to worry about validity periods for bank proof. You must submit proof of an active bank account

Verification requirements

In-person verification (IPV): You must complete your IPV within 30 days from the date of final approval of your application form

Passport immigration copy: Valid for 180 days from the immigration stamp date

Notary/Competent authority attestation

Attestations: Attestations from a Notary or competent authority shall remain valid up to the license expiry date. If no expiry date is applicable, the attestation will be considered valid for 180 days from the date of issue.

Application form validity

Account opening form and supporting documents: Your account opening application form and all supporting documents remain valid for 90 days from the date you submit them

When submitting your application, make sure all your documents are within their validity periods. If any expire before you complete the account opening process, you’ll need to obtain new copies.

Broker details

iRage Broking Services LLP (SEBI registration INZ000011262), product name Arrow. Registered office: Gift City, Gandhinagar.