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Address Updation

Address Updation

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Update Your Address in Your Demat Account with Professional Assistance

A Demat account is essential for trading on the Indian stock market, primarily serviced by two depositories: NSDL (National Securities Depository Limited) and CDSL (Central Depository Services Limited). There are no age restrictions for opening a Demat account.

However, you may need to update your name, address, or signature at some point. DS Consultants is here to help you with these updates smoothly.

How to Update Your Demat Account Address

Updating your registered address in a Demat account can seem complicated, but firms like DS Consultants simplify the process. Here’s how to do it:

  • Check Aadhaar Address: Ensure your address matches the latest one registered on your Aadhaar. Complete the Re-KYC process to initiate the address change.
  • Update KRA Details: Raise a ticket to confirm your KRA (KYC Registration Agency) details, which can be verified through your registered email. You can reply directly to the ticket from your inbox.
  • Submit Address Proof: Send your account modification form along with a current address proof to your Depository Participant (DP).

Required Documents

To update your address, you'll need to provide the following documents:

  • Aadhaar Card (if applicable)
  • Driving License
  • Bank Statement
  • Voter ID
  • Passport

The Role of Legal and Financial Firms

The process of updating your address can often be unclear. With the help of experienced professionals like DS Consultants, you can navigate this process efficiently.

DS Consultants will handle the submission of your details to the relevant head office, depository participant, or online portal, ensuring you receive notification once your address modification is authorized.