{"id":1430,"date":"2022-10-19T08:45:38","date_gmt":"2022-10-19T08:45:38","guid":{"rendered":"http:\/\/localhost\/nuwordpress\/?post_type=faqpage&#038;p=1430"},"modified":"2022-10-19T09:07:07","modified_gmt":"2022-10-19T09:07:07","slug":"what-are-pre-requisites-for-joining-share-market","status":"publish","type":"faqpage","link":"\/nuuu\/faqpage\/what-are-pre-requisites-for-joining-share-market","title":{"rendered":"What are pre-requisites for joining share market?"},"content":{"rendered":"\n<p>Beginners have to follow certain prerequisites to&nbsp;<a href=\"https:\/\/www.creditmantri.com\/article-a-beginners-guide-to-investing-share-market-investing\/\">investing in the stock market<\/a>&nbsp;as stated below:<\/p>\n\n\n\n<p><strong>Documents Required&nbsp;<\/strong><\/p>\n\n\n\n<ul><li><a href=\"https:\/\/www.creditmantri.com\/pan-card\/\">PAN Card<\/a><\/li><li><a href=\"https:\/\/www.creditmantri.com\/aadhar-card\/\">Aadhaar Card<\/a><\/li><li>A cancelled cheque that has your name from your active bank account<\/li><li>Six-month bank statement<\/li><li>Proof of residence with reference to documents accepted by your broker, depository participant, or the relevant bank<\/li><li>Income-proof document<\/li><li>Passport size photographs<\/li><\/ul>\n\n\n\n<p><strong>Demat Account<\/strong><\/p>\n\n\n\n<p>Demat Account is required to hold your shares in your account<\/p>\n\n\n\n<p>Hassle-free process for opening Demat Account<\/p>\n\n\n\n<p>Demat Account is an electronic mode of holding your shares, dematerialized version<\/p>\n\n\n\n<p>Opened online through a depository participant.&nbsp;<\/p>\n\n\n\n<p>Many banks offer Demat account services&nbsp;<\/p>\n\n\n\n<p>Opening a Demat account&nbsp;is a hassle-free process that can be carried out from the comfort of one\u2019s home within a matter of minutes.<\/p>\n\n\n\n<p><strong>Trading Account<\/strong><\/p>\n\n\n\n<p>A trading account is an account to buy and sell securities in the stock market<\/p>\n\n\n\n<p>A trading account should be opened with a depository participant who offers trading on both BSE and NSE to get the benefit of trading in quality stocks<\/p>\n\n\n\n<p><strong>Linked Bank Account<\/strong><\/p>\n\n\n\n<p>Your active bank account should be linked to your trading account.&nbsp;<\/p>\n\n\n\n<p>Helps in seamless money inflows and outflows from your account while trading<\/p>\n\n\n\n<p>Mandated by most brokers&nbsp; where even some keep the account same for both Demat and&nbsp; Trading&nbsp;<\/p>\n\n\n\n<p><strong>Unique Identification Number (UIN)<\/strong><\/p>\n\n\n\n<p>UIN is required as per SEBI guidelines<\/p>\n\n\n\n<p>Helps big spenders in accessing&nbsp; the database provided by SEBI for checking any&nbsp; details of any disciplinary charges faced by intermediaries like brokers or agents<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Beginners have to follow certain prerequisites to&nbsp;investing in the stock market&nbsp;as stated below: Documents Required&nbsp; PAN Card Aadhaar Card A cancelled cheque that has your name from your active bank account Six-month bank statement Proof of residence with reference to documents accepted by your broker, depository participant, or the relevant bank Income-proof document Passport size [&hellip;]<\/p>\n","protected":false},"featured_media":0,"template":"","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"\/nuuu\/wp-json\/wp\/v2\/faqpage\/1430"}],"collection":[{"href":"\/nuuu\/wp-json\/wp\/v2\/faqpage"}],"about":[{"href":"\/nuuu\/wp-json\/wp\/v2\/types\/faqpage"}],"wp:attachment":[{"href":"\/nuuu\/wp-json\/wp\/v2\/media?parent=1430"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"\/nuuu\/wp-json\/wp\/v2\/categories?post=1430"},{"taxonomy":"post_tag","embeddable":true,"href":"\/nuuu\/wp-json\/wp\/v2\/tags?post=1430"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}