Minor clients can be onboarded through offline mode and start investing in Corporate Fixed Deposits. To invest in FDs, the client needs to complete FD KYC registration.
The following scanned copy documents are required for account creation and KYC registration.
a. Application form(enclosed)
b. Birth Certificate of the Minor
c. Guardian PAN
c. Address proof of Guardian( Aadhar Card / Driving License / Voter's ID / Passport )
d. A valid minor under guardian bank proof such as a cheque copy or passbook or the latest bank account statement.
All the above documents need to be self-attested by the client and sent to operations@assetplus.io
It takes around 7- 8 working days to verify and register the FD KYC. After the KYC is registered, the client can proceed with the FD order. The payment can be done through NEFT/RTGS or cheque. Once the payment has been made, it takes around 2 - 3 working days for the allotment and the client receives an E-receipt via email from the respective provider as a confirmation.