FAQs

Am I eligible for opening a trading Account?
Yes, any Individual, Hindu undivided Family (HUF),proprietary firm,partnership firm, company,trust or Non Resident Indians (NRI) can open an account with JBS Securities Pvt Ltd
Are they any Registration /account opening Charges?
The Current opening Charges are Rs 150 Only. This includes both legal and documentation charges, and the amount will be debited from the customer’s savings account in the absence of a cheque.

While completing the trading account opening form process, you will be asked to give details of your existing Bank savings and Bank Demat account details (if available) in order to to complete the necessary linkages between these accounts. We will link your Trading Account with Demat account for Pay in - Pay Out of securities.
How long does it take to open an account?
Depending on the type of account, it takes between two and five working days for your account to be opened.
What documents are required to open an account?
THE FOLLOWING DOCUMENTATION IS REQUIRED FOR OPENING AN ACCOUNT WITH US:
General
  • Our Account Opening form.
  • Non-Mandatory Rights & Obligations as applicable.
  • Photographs for all account holders for Trading, and that of the sole account holder for securities trading account.
IN ADDITION TO THE ABOVE, THE FOLLOWING SUPPORTING DOCUMENTS ARE NEEDED:
Individuals
  • Photo ID proof: Three copies of either a PAN Card/ Voters ID/ Passport/ Driving License (Learners also acceptable)/ UID (Aadhaar) are required as the customer’s photo identity proof. Please note these are mandatory, and if a customer does not have PAN Card, then he/she cannot open the trading account.
  • Proof of address: Telephone bill/ Electricity bill/ Bank statement (not more than 3 months old)/ Bank Passbook/ Ration Card/ Passport/ Voter Id Card/ Registered Lease or Sale Agreement for Residence/ Driving License/ Flat Maintenance bill/ Insurance copy.
  • The name and address on the documents sent as proof must match the name and residence address mentioned on the application form.
Corporate accounts
  • Copy of the balance sheets for the last 2 financial years (to be submitted every year).
  • Copy of latest share holding pattern including list of all those holding control, either directly or indirectly, in the company in terms of SEBI takeover Regulations, duly certified by the company secretary/ Whole time director/ MD (to be submitted every year).
  • Photograph, POI, POA, PAN and DIN numbers of whole time directors/ two directors in charge of day-to-day operations.
  • Photograph, POI, POA, PAN of individual promoters holding control – either directly or indirectly.
  • Copies of the Memorandum and Articles of Association and certificate of incorporation.
  • Copy of the Board Resolution for investment in securities market.
  • Authorised signatory list with specimen signatures.
  • Copy of pan card of company.
  • Copy of cancelled cheque leaf/ pass book/ bank statement containing the name of the company.
  • In case the name of directors differs from the name in the Memorandum and articles of association of the company, then form 32 must be submitted.
  • Net Banking Board Resolution.
  • Authorised director’s customer ID.
  • POA duly signed by the Authorised signatory (authorized for share trading).
  • Indemnity (on Rs.200 stamp paper) all directors signature required.
Partnership accounts
  • Copy of the balance sheets for the last 2 financial years (to be submitted every year).
  • Certificate of registration (for registered partnership firms only).
  • Authorised signatory list with specimen signatures.
  • Photograph, POI, POA, PAN of Partners.
  • Partnership deed.
  • Undertaking/resolution from Partners to authorise any of the partners for operating the account.
  • PAN No.
  • Bank Statement.
  • Form A of the partners.
  • Demat account letter signed by the partners i.e., the account is for partnership firm.
  • Other mandatory requirements for opening partnership accounts.
  • Investment clause to invest in funds, securities.
  • Demat account in the name of the partner.
Trust accounts
  • Copy of Resolution to open trading, Demat, Saving account.
  • Copy of Resolution authorizing any one/ more than one trustee to operate the account.
  • Copy of PANCARD of the Trust.
  • Photo identification proof of Authorised Trustee.
  • Copy of the Bank Statement.
  • Required Photograph of Managing Trustee.
  • Copy of the balance sheets for the last 2 financial years (to be submitted every year).
  • Certificate of registration (for registered trust only).
  • Copy of Trust deed.
  • List of trustees certified by managing trustees/CA.
  • Photograph, POI, POA, PAN of Trustees.
HUF
  • PAN of HUF.
  • Deed of declaration of HUF/List of coparceners.
  • Bank passbook/ bank statement in the name of HUF.
  • Photograph, POI, POA, PAN of Karta.
Unincorporated association or a body of individuals
  • Proof of Existence/ Constitution document.
  • Resolution of the managing body & Power of Attorney granted to transact business on its behalf.
  • Authorized signatory list with specimen signatures.
Banks/ Institutional Investors
  • Copy of the constitution/ registration or annual report/ balance sheet for the last 2 financial years.
  • Authorized signatory list with specimen signatures.
Army/ Government Bodies
  • Self-certification on letterhead.
  • Authorized signatory list with specimen signatures.
Registered Society
  • Copy of Registration Certificate under Societies Registration Act.
  • Authorized signatory list with specimen signatures.
  • List of Managing Committee members.
  • Committee resolution for persons authorised to act as authorised signatories with specimen signatures.
  • True copy of Society Rules and Bye Laws certified by the Chairman/Secretary.
Why it is necessary to give Financial Details in Trading Account?
It is mandatory from exchange to give your financial Details in Trading Account Form.
Why should I give Depository account details in Trading Account?
We will link your Trading Account with Demat account for Pay in - Pay Out of securities.
How to get my Backoffice Password to see my Account Online?
If you are a Offline Client and like to see your account online, you can request for a password than, we will provide you your Backoffice ID and Password and you will be able to see your Account Online.
Can I view my Contact note Online?
Yes, You can View your Bills Online through your user id and Password form our Back office. You can also able to view your Previous bill and new bills from our Back office anytime and anywhere. You can also verify your quantity, price, brokerage, and ledger.
How do I get user id & password?
The user ID will be sent to you once we open your account along with all the account details. The log in id will be sent to you in an e-mail and your password will be sent on your mobile number or email id.
When can I receive Funds/Securities Pay-out
Payout of Funds/ Securities is credited within a business day’s time after receipt of the funds/ securities from the exchange. As an internal practice we try and effect the payout in T+2 business days.