Short answer

A resident individual account can be opened online if the mobile number is linked to the Aadhaar. To check if the mobile number is linked to the Aadhaar, visit myaadhaar.uidai.gov.in/verify-email-mobile/en. iRage has made online and offline account opening free for resident Indian accounts from 29th June 2024. An individual iRage demat account can be opened online , provided that the mobile number is linked to the Aadhaar. If not, the offline process must be followed. Specific documentation and procedures must be followed to open the account offline. It requires application forms, identity documents, address and bank proof, and completing In-Person Verification. Refer to the sample copies to learn how to fill and sign the forms. If the documents submitted are correct, the account will be opened within 72 hours, and an email will be sent with the login credentials. What are the steps involved in opening a iRage demat account offline? The steps involved in opening a iRage demat account offline are as follows: Document preparation: Download and fill out the required forms. Gather supporting documents. Initial submission: Email all completed documents to support@arrow.trade . Wait for document review and feedback. Make any corrections if requested. Complete In-Person Verification (IPV): Visit kyc.arrow.trade/ipv. Note the 4-digit OTP shown on the screen. Enable your camera. Show the OTP while being clearly visible. Final submission: Courier the documents to iRage’s Bangalore office: iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076 What are the documents required to open an Arrow demat account offline? The table below shows the documents required to open an Arrow demat account offline: Type of document Requirements Application form Equity application form (PDF). Sample form (PDF). Refer to the signature guidelines (PDF) to learn how to sign all the forms. Photograph A passport-size photograph to affix and sign across on the equity application. PAN Self-attested copy of the PAN with the signature under Applicant signature. Address proof Self-attested address proof. Any one of the following documents: Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) Job card National Population Register (NPR) letter Masked Aadhaar card Bank proof A bank account proof in the client’s name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it. Bank statement or passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible. Income proof An income proof to trade in F&O. The income proof can be one of the following: Bank statement for the last six months with an average balance of more than ₹10,000. The latest salary slip with gross monthly income exceeding ₹15,000. ITR acknowledgement with gross annual income exceeding ₹1,20,000. Form 16 with gross annual income exceeding ₹1,20,000. Certificate of net worth more than ₹10,00,000. Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged) Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000. Things to keep in mind If the account holder is a senior citizen and cannot sign the forms, a medical certificate and a thumb impression of the account holder on a sheet of paper must be sent along with the other documents. To learn the charges applicable for an individual account, visit List of all charges and taxes.

A resident individual account can be opened online if the mobile number is linked to the Aadhaar. To check if the mobile number is linked to the Aadhaar, visit myaadhaar.uidai.gov.in/verify-email-mobile/en.

iRage has made online and offline account opening free for resident Indian accounts from 29th June 2024.

An individual iRage demat account can be opened online , provided that the mobile number is linked to the Aadhaar. If not, the offline process must be followed. Specific documentation and procedures must be followed to open the account offline. It requires application forms, identity documents, address and bank proof, and completing In-Person Verification. Refer to the sample copies to learn how to fill and sign the forms. If the documents submitted are correct, the account will be opened within 72 hours, and an email will be sent with the login credentials.

What are the steps involved in opening a iRage demat account offline?

The steps involved in opening a iRage demat account offline are as follows:

Document preparation: Download and fill out the required forms. Gather supporting documents.

Download and fill out the required forms.

Gather supporting documents.

Initial submission: Email all completed documents to support@arrow.trade . Wait for document review and feedback. Make any corrections if requested.

Email all completed documents to support@arrow.trade .

Wait for document review and feedback.

Make any corrections if requested.

Complete In-Person Verification (IPV): Visit kyc.arrow.trade/ipv. Note the 4-digit OTP shown on the screen. Enable your camera. Show the OTP while being clearly visible.

Visit kyc.arrow.trade/ipv.

Note the 4-digit OTP shown on the screen.

Enable your camera.

Show the OTP while being clearly visible.

Final submission: Courier the documents to iRage’s Bangalore office: iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076

Courier the documents to iRage’s Bangalore office: iRage Customer Support Centre 192A 4th Floor, Kalyani Vista, 3rd Main Road, JP Nagar 4th Phase, Bengaluru, 560076

What are the documents required to open an Arrow demat account offline?

The table below shows the documents required to open an Arrow demat account offline:

Equity application form (PDF). Sample form (PDF).

Refer to the signature guidelines (PDF) to learn how to sign all the forms.

A passport-size photograph to affix and sign across on the equity application.

Self-attested copy of the PAN with the signature under Applicant signature.

Self-attested address proof. Any one of the following documents: Driving licence Voter ID Passport National Rural Employment Guarantee Act (NREA) Job card National Population Register (NPR) letter Masked Aadhaar card

Driving licence

Voter ID

Passport

National Rural Employment Guarantee Act (NREA)

Job card

National Population Register (NPR) letter

Masked Aadhaar card

A bank account proof in the client’s name. The bank proof can be one of the following: A personalised cancelled cheque with the name printed on it. Bank statement or passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.

A personalised cancelled cheque with the name printed on it.

Bank statement or passbook copy with the bank account number, bank logo, seal, MICR, and IFSC code clearly visible.

An income proof to trade in F&O. The income proof can be one of the following: Bank statement for the last six months with an average balance of more than ₹10,000. The latest salary slip with gross monthly income exceeding ₹15,000. ITR acknowledgement with gross annual income exceeding ₹1,20,000. Form 16 with gross annual income exceeding ₹1,20,000. Certificate of net worth more than ₹10,00,000. Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged) Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000.

Bank statement for the last six months with an average balance of more than ₹10,000.

The latest salary slip with gross monthly income exceeding ₹15,000.

ITR acknowledgement with gross annual income exceeding ₹1,20,000.

Form 16 with gross annual income exceeding ₹1,20,000.

Certificate of net worth more than ₹10,00,000.

Latest statement of demat holdings with current holdings value exceeding ₹10,000. (Your holdings must not be pledged)

Latest Fixed Deposit (FD) receipt with a deposit amount exceeding ₹1,00,000.

Things to keep in mind

If the account holder is a senior citizen and cannot sign the forms, a medical certificate and a thumb impression of the account holder on a sheet of paper must be sent along with the other documents.

To learn the charges applicable for an individual account, visit List of all charges and taxes.

Broker details

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